Bharti Airtel Tariffs

Reliance Jio on Tuesday said that its True 5G services have gone live in 406 cities, thus becoming the first and only telecom operator to reach such a wide network in a short span of time

High cost of 5G devices and readily available 4G network shaping users' behaviour

Bharti Airtel is looking to raise mobile phone call and data rates across all plans this year, telecom firm's Chairman Sunil Bharti Mittal said here. The company last month increased the price of its minimum recharge or the entry-level for the 28-day mobile phone service plan by about 57 per cent to Rs 155 in eight circles. Responding to a PTI query on the need for a tariff hike when the company's balance sheet is healthy, he said the return on capital in the telecom business is very low and a tariff hike is expected this year. "It (tariff hike) will happen across the board," Mittal said at Mobile World Congress (MWC) here on Monday. He said the company has injected a lot of capital that has made the balance sheet strong but the return on capital in the 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 it happens this year," Mittal said. Asked about the impact of price increase on people at the

Airtel started raising the entry-level tariff from Rs 99 to Rs 155 on November 21 in Odisha and Haryana

Telecom company discontinues its Rs 99-recharge offer in Haryana and Odisha circles

Here's how leading brokerages have interpreted Bharti Airtel's September 2022 quarter (Q2FY23) numbers

Gopal Vittal says hike could happen after 3-4 months depending upon subscriber growth and competitive dynamics; asserts his firm will not hesitate to lead the spike

In late-November 2021, Bharti Airtel increased tariffs on prepaid plans by around 20 per cent, as did by Reliance Jio and Vodafone Idea

In November, leading telecom players Bharti Airtel, Reliance Jio and Vodafone Idea increased prepaid tariff rates by up to 25 per cent

Reliance Industries' stock needs to defend Rs 2,340, whereas Bharti Airtel can jump up to 12%

Company makes the first move to improve the financial sustainability of the telecom sector.

The company hiked prepaid tariff by 20-25 per cent and data top-up plans by 20-21 per cent.

While most brokerages have given a thumbs up to the development and suggest the provisions give some breathing space to Vodafone Idea (VI), Bharti and Reliance Jio, too, stand to gain

Bharti Airtel's staggered equity capital raise may also create adequate headroom to prepare for a scenario of plausible exit of Vodafone Idea in the medium term, fear analysts

Company is the first to raise tariffs and its rivals are likely to follow suit, say experts.

With sufficient assets and a healthy financial condition, Bharti Airtel can clear their dues with DoT, analysts said

Where tariffs are concerned, the company has already taken a clear stance on the issue, he said adding that Airtel is of the firm view that tariffs need go up.

Any tariff hike is possible only if there is collective effort on the part of all telcos, says research firm Motilal Oswal

Airtel had, on Monday, reported Q4 loss at Rs 5,237 crore, mainly on account of provisioning for paying statutory dues, while its full year losses ballooned to a record Rs 32,183 crore.

From Airtel, Voda Idea hiking tariffs, Telangana court hearing vet's rape case to Bihar CM Nitish Kumar beginning his tour against climate change, Business Standard brings you top events of the day.