Vodafone Idea Ltd (Vi) has been re farming its 2G-3G spectrum to 4G wireless technology, which could shore up its revenues by reducing fixed costs and improving services, analysts said. The telco recently completed re-farming of 3G to 4G across Mumbai and promised to deliver high speed internet and better indoor coverage. Mumbai is one of the three metro telecom circles, apart from Delhi and Kolkata. Analysts said the redeployment will not only helpVi save on capital spending but will also help it retain customers because of improved services. Vi lost 2.7 million customers in October, and its average revenue per user (ARPU) remained the lowest among the three largest telecom players. Vi seeks to raise ARPU to Rs. 200 in the short-term and Rs.300 eventually.
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