Stock to watch out on Monday: Bharti Airtel announces revised mobile tariffs
Accordingly, its new tariffs as indicated below will come into effect from November 26, 2021. Â
Bharti Airtel has announced revised mobile tariff plans on Monday. The company 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.
Also, the company believes that this level of ARPU will enable substantial investments required in networks and spectrum. Even more important, this will give Airtel, the elbow room to roll out 5G in India.
Therefore, as a first step, the company is taking the lead in rebalancing its tariffs during the month of November. Accordingly, its new tariffs as indicated below will come into effect from November 26, 2021.
The current plan of Rs 79 with a validity of 28 days has been revised to Rs 99 where benefits are 50 per cent talk time at 99 minutes, 200 MB data 1p/sec voice tariff. The plan of Rs 149 has been revised to Rs 179 with benefits of unlimited calling, 100 SMS/day, and 2 GB/data day. Similarly, Rs 219, Rs 249 and Rs 298 plans have been revised to Rs 265, Rs 299 & Rs 359 with the initial two benefits remaining the same while data varies.
The plans of 58 days of Rs 399, as well as Rs 449, have been revised to Rs 479 and Rs 549 with unlimited calling, 100 SMS/day, and 1.5 GB/day data & 2 GB/day data, respectively.
Similarly, the plans of 84 days of Rs 379, Rs 598, and Rs 698 have been revised to Rs 455, Rs 719 & Rs 839 while the plan of 365 days has been revised from Rs 1,498 and Rs 2,498 to Rs 1,799 & Rs 2,999, respectively.