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The Times of India

Business

PTI

Return on capital very low, expects tariff hike by mid of 2023: Bharti Airtel chairman

Bharti Airtel Airtel Sunil Bharti Mittal Barcelona

BARCELONA: The return on capital in the telecom business is very low and a tariff hike is likely to be the mid of this year, Bharti Airtel chairman Sunil Bharti Mittal said here on Monday.

While responding to a PTI query at the Mobile World Congress, Mittal said that the company has a healthy balance sheet and there is no need to raise any more capital.

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