Telecom industry's financial health needs to improve: Bharti Enterprises Vice Chairman Gupta

Akhil Gupta, Vice-Chairman of Bharti Enterprises, has highlighted how the telecoms industry's "very poor return on capital" is hindering India's Digital India ambitions. Gupta explained that the "big hindrance" must be rectified, as investments will otherwise "dry up at some point or the other". Although Bharti Enterprises isn't worried about tariffs, Gupta believes ARPUs must rise to INR300 ($4) in the next few years to stimulate overall revenue growth. Gupta also dismissed the notion of a telecoms duopoly...