Mittal, while addressing an investor call, said that out of Rs 100 earned, Rs 35 goes to the government.
He further added that the AGR and spectrum payments added to companies debt burden and that he expectes that the burden on the telecom industry will come down.
On 5G roll out, Mittal said that the auctions are expected sometime early next year and it will be a reality by second half of FY23.
He said that the company aims to get to an ARPU of Rs 200 in this fiscal while eventually the aim is to reach Rs 300.
On tariff hike, he said that the company is ready to take baby steps to raise it as the time has come for it to go up for industry’s viability.
He said that he expects the 5G pricing to be attractive. He said that price points of 5G enabled devices are also coming down.
