Vodafone Idea subscribers porting out to BSNL after tariff hike: CEO

The port out of Vodafone Idea (Vi) subscribers to state-owned BSNL has increased since the tariff hikes in July, CEO Akshaya Moondra said on Tuesday.

Vi had jacked up tariffs in July following a similar move by competitors Airtel and Jio. But BSNL had maintained the status quo.

“The port out to BSNL has increased from the tariff-increase levels, which is a space that we are watching. The reason for that is they have not increased their tariffs, so there’s a fair amount of arbitrage,” Moondra told analysts at the post quarterly results call. Moondra, meanwhile, stressed the incidence of sim consolidation will remain low going forward.