The Telecom Companies Can Benefit From The Tariff Hikes In Future, Says IIFL

IIFL (India Infoline Limited) says that the telecom companies will benefit from the upcoming tariff hikes. Companies like Vodafone Idea, Bharti Airtel, and Jio are doing their best to expand further in the market. We will share details about the tariff hikes and their benefits below. The hike benefit is said to be visible in the coming three years. Apart from that, Vodafone Idea is also in the headlines after the release of its FPO. Let us dive deep into the telecom industry growth and upcoming hike benefits below.

IIFL (India Infoline Limited) the Increase In Tariff Will Lead To Benefits For The Telecom Industry

As per the IIFL, the telecom industry will benefit from the tariff hikes. Recently, Vodafone Idea launched an FPO (Follow-on Public Offer) to raise Rs. 18,000 crore of funding. The FPO search is going viral over the internet. Many people are searching for it below. Apart from that, IIFL also promoted the FPO, mentioning the VI FPO and recommending everyone subscribe to it.

The question arises about the time when the tariff hikes will take place. As per the details, tariff hikes are likely to take place after the elections. The results will be visible post-election. Thus, the IIFL recommends the VI FPO shares. As per the sources, the company is currently in debt. However, it will improve its profitability after some time as per the speculations.

VI will benefit from tariff hikes. Apart from that, Bharti Airtel and Reliance JIO will also be having higher tariff rates. AGR dues will be reduced leading to more benefits to Airtel. Recently, the Bharti Airtel price increased from Rs. 1,215 to Rs. 1,268.30. Apart from that, the JIO enterprise’s price also increased from $104 billion to $96 billion.

The brokerage explained the reason behind the increases well. IIFL is looking at all three telecom giants’ success in the coming years. They all will benefit from the tariff increase. Jio and Airtel made their place in the people’s hearts. Apart from that, VI also provides attractive offers to the users. Thus, the company is painting its position in the market successfully.

Bharti Airtel is on the first number as always for its high-speed internet. The company first launched its impressive offer of weekend data carry-on and the data delight after its merge. We hope you get enough details about the upcoming tariff hikes and their benefits to the telecom companies. Stay tuned for more information on our website.