
Bharti Airtel’s higher postpaid tariffs have put the telecom sector back in focus, with expectations that other players could follow with price hikes. India’s telecom ARPU remains among the lowest globally, leaving room for significant growth through tariff increases, premium plans and higher data consumption. Sunny Agrawal, DVP, Head of Fundamental Desk, SBI Securities, explains why ARPU could rise 10–15% and how this could impact telecom earnings. The discussion also looks at Bharti Airtel’s valuation, its cash-flow generation and the potential Jio Platforms IPO, along with why tariff hikes could emerge as a key catalyst for the sector.