Business News
Home > Business News
Airtel raises prepaid tariffs by 20%, effective from Nov 26
TIWN
TIWN
PHOTO : TIWN
New Delhi, Nov 23 (TIWN) 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."
Add your Comment
Comments (0)
More Business News
- IMF expects India to rev up global growth as China falters, backs Modi government's economic policies
- realme set to shake up market: Launching fastest entry-level 5G smartphone 'C65' under Rs 10k
- India's industrial production accelerates to 5.7pc in Feb
- India records 17 pc jump to become 4th largest exporter of digital services: WTO report
- 300 pc rise in market cap to Rs 400 lakh crore in last 10 years driven by strong economic fundamentals