TIWN
New Delhi, Feb 9 (TIWN) Telecom operator Bharti Airtel on Wednesday said the net 4G SIM consolidation during the Q3FY22 was "significant" due to an upward revision in prepaid tariffs.
"We did see significant SIM consolidation during the quarter that we have been through. But remember the level of consolidation that we saw was much lower than that we saw in the first round of tariff raise that happened back in 2019," said Gopal Vittal, MD and CEO, India and South AsiaAduring a virtual interaction with investors. "We are almost flat in terms of overall customer additions and I would say that in relative terms, we have come out quite well." In late-November 2021, Bharti Airtel increased tariffs on prepaid plans by around 20 per cent, as did by Reliance Jio and Vodafone Idea. Airtel saw around three million 4G net additions in Q3FY22.
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