Bharti Airtel seeks significant increase in tariffs, citing ‘absurdly low’ rates

Bharti Airtel, India’s second-largest telecom operator, sought a significant increase in tariffs on Wednesday, citing “absurdly low” rates as a major hurdle to industry growth.

Gopal Vittal, managing director of Airtel, said low tariffs were hampering telecom companies to invest in infrastructure and deliver adequate returns to investors.