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Bharti Airtel
Bharti Airtel has rolled out various family plans offering monthly data in the range of 105-320 GB as it looks to attract prepaid users to switch to postpaid connections. The new family plans uploaded on the company website are in the range of Rs 599 to Rs 1,499 per month, while Black family plans, that bundles DTH and fixed broadband service, are in the range of Rs 799 to Rs 2,299 per month. A company official told PTI that the new plans are aimed at attracting prepaid customers to switch to postpaid whereby family members will be able to optimally use the data limit, calls, SMS etc bundled in a plan. Out of the total mobile subscriber base of 332 million, the company had 5.4 per cent postpaid users on its network in the December 2022 quarter. The postpaid customer base of Bharti Airtel grew by about 8 per cent on a year-on-year basis to 18.9 million as of December 31, 2022. These new family plans allow bundling 2-5 mobile phone connections under one plan. Airtel has bundled Ama
The Return on capital in the telecom business is very low and a tariff hike is likely to be the mid of this year, Bharti Airtel chairman Sunil Bharti Mittal said here on Monday. While responding to a PTI query at the Mobile World Congress, Mittal said that the company has a healthy balance sheet and there is no need to raise any more capital. "Lot of capital has been injected that has made the balance sheet strong but the return on capital of this industry is very low. That needs to change. We are talking of small increments that need to come in the Indian tariff situation. I hope half (by mid) of this year," Mittal said. When asked about the impact on people at the bottom of the pyramid, he said that the hike is low compared to the spending people are making on other things. "Salaries have gone up, rents have gone except one thing. There is no one complaining. People are consuming 30 GB for almost paying nothing. We don't have more Vodafone type of scenarios in the country. "We n
Telecom operator Bharti Airtel on Monday announced that it has crossed the 10 million unique 5G user mark on its network. In a statement, the company said it is well poised to cover every town and key rural areas with Airtel 5G services by the end of March 2024. The company informed it has surpassed the 10 million unique 5G user milestone, on its network. In November 2022, Airtel became the first and only operator to have 1 million unique customers on its network within 30 days of its commercial launch, the statement added. It is pertinent to mention that high speed 5G services were launched in the country, on October 1, 2022. The 5G services powers ultra-low latency connections, which allow downloading full-length high-quality video or movie to a mobile device in a matter of seconds (even in crowded areas). The fifth Generation or 5G would, going forward, would enable powerful solutions such as e-health, connected vehicles, more-immersive augmented reality and metaverse experien
Bharti Airtel CEO Gopal Vittal on Wednesday asserted that Average Revenue Per User (ARPUs) rising to Rs 300-level is "critical" for respectable return of capital employed, and hoped that it will "happen in due course". The top honcho also outlined the 'future of Airtel' strategy entailing broad themes around a resilient and diverse portfolio, rural push into high-potential villages, and opportunities in the top 150 cities, among others. "We believe that ARPU needs to go up and the ARPU of Rs 300 is critical for a respectable return of capital employed. And that is something, we hope will happen in due course of time," Vittal said during an analyst call, a day after the company reported its Q3 FY23 scorecard. After Haryana and Odisha, Bharti Airtel has raised entry-level tariffs from Rs 99 to Rs 155 in 17 circles now. "We took up tariff of entry-level plans from Rs 99 to Rs 155. We are pleased it exceeded our standards in Haryana and Odisha...We have taken this across 17 circles in