01-01-1970 12:00 AM | Source: IANS
Airtel raises prepaid tariffs by 20%, effective from Nov 26
Telecom major Bharti Airtel will raise the prepaid tariffs by around 20 per cent.
Accordingly, the new tariffs will come into effect from November 26, 2021.
"Bharti Airtel has always maintained that the mobile 'Average Revenue Per User' (ARPU) needs to be at Rs 200 and ultimately at Rs 300, so as to provide a reasonable return on capital that allows for a financially healthy business model," the telecom operator said in a regulatory filing.
"We also believe that this level of 'ARPU' will enable the substantial investments required in networks and spectrum. Even more important, this will give Airtel the elbow room to roll out 5G in India."
This revision is part of their "rebalancing" of tariffs, the filing said.
Latest News
Sell USDINR May @ 83.55 SL 83.65 TGT 83.45-83.35 - K...
National Highways construction in India to decline b...
The Yen saw a near 2% odd drop on Wednesday, after a...
Ashok Leyland shines on reporting 10% rise in April ...
TVS Motor Company moves up on reporting 25% growth i...
Market Watch: Equities in risk off mode; weigh Fed c...
Mid-market comment by Mr Shrey Jain, Founder and CEO...
Nifty opened on a positive note and witnessed sidewa...
Pre-market comment by Mandar Bhojane, Research Analy...
Vardhman Special Steels shines as its board approves...