Vi follows suit, hikes prepaid tariff by ~20-22% across packsIDEA - 8 Change: -0.15 (-1.76 %)
News: Vodafone Idea has also hiked its prepaid tariff plans by 20-22% across the board and 25% in base entry level voice (2G plan), similar to Airtel.
Views: We expect the tariff flow through to raise the EBITDA runrate by ~30%. However, since we had taken 15% hike in our estimates, EBITDA upgrade for FY23 will be ~6-7%. Key will be fund raise and improved network spends for the company, going forward.