New Delhi : After Reliance Jio, another leading telecom provider Airtel has announced tariff hike effective from July 3rd. The company has hiked per day average tariff upto 70 paise. The new tariffs will be applied to all circles throughout the country.
“Bharti Airtel (‘Airtel’) has maintained that the mobile Average Revenue per User (ARPU) needs to be upwards of INR 300, to enable a financially healthy business model for Telcos in India. We believe that this level of ARPU will enable the substantial investments required in network technology and spectrum and offer a modest return on capital” Bharti Hexacom , the holding company of Airtel has said in a regulatory filing.
“In this light, we welcome the announcements in the industry to repair tariffs. Airtel will also revise its mobile tariffs as indicated below, 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” it added.
Yesterday ( June 27) Reliance Jio had also announced tariff hike to be effective from July 3. The company has raised mobile services rates across almost all plans. This is the first hike in mobile services rates by Jio after a gap of about two-and-a-half years.
Airtel Revised Tariff (Prepaid )