Bharti Airtel Raises Prepaid Tariffs by up to 25% From November 26
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New Delhi: Telecom service provider Bharti Airtel on Monday announced that it is raising prepaid tariffs by up to 25%, November 26 onwards, saying that the move had been necessitated by the need to increase mobile revenues so as to safeguard the business's financial health, The Hindu reported.
“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 company said in a statement, as per the report.
The new tariffs for all prepaid packs will be available on www.airtel.in starting November 26, 2021.
According to the report, the current Rs 79 plan will cost Rs 99 from November 26. Likewise, the Rs 149 plan will cost Rs 30 more at Rs 179, the Rs 1,498 plan will now be Rs 1,799 and the Rs 2,498 plan will cost Rs 2,999. Data top ups will now cost Rs 58 (up from Rs 48), Rs 118 (up from Rs 98) and Rs 301 (up from Rs 251).
According to the Times of India, other mobile operators like Vodafone-Idea may soon follow suit.
Bharti Airtel shares were trading 4% higher on the BSE at Rs 743.45 as of 10:29 am.
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