With focus on profitability, Indian telecom operators may raise tariffs in 2023: Fitch
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Fitch Ratings expects telecom operators to raise tariffs in 2023, given the focus on profitability by the service providers. The rating agency categorically said Vodafone Idea, the third-largest telco, needs to increase tariffs as its EBITDA generation is insufficient to meet finance costs and to invest sufficiently in capital expenditure.