Bharti Airtel on Friday raised mobile tariffs with effect from July 3. It comes after Reliance Jio announced a 12-27 per cent hike in mobile tariffs — the first in two and half years.
In the unlimited voice plans, Airtel has raised tariff from Rs 179 to Rs 199, from Rs 455 to Rs 599, from Rs 1,799 to Rs 1,999, according to a statement.
“Airtel will also revise its mobile tariffs… from July 3rd, 2024. We have ensured that there is a very modest price increase (less than 70p per day) on the entry level plans, in order to eliminate any burden on budget challenged consumers,” Bharti Airtel said in a regulatory filing.
Bharti Airtel has maintained that the mobile Average Revenue per User (ARPU) needs to be upwards of Rs 300, to enable a financially healthy business model for Telcos in India.
In the opening trade, Bharti Airtel’s shares were trading up by Rs 18.25 or 1.24 per cent at Rs 1,490.05 apiece.
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