Airtel announces revised mobile tariffs

Bharti Airtel ('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.

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.

Therefore, as a first step, we are taking the lead in rebalancing our tariffs during the month of November. Accordingly the new tariffs will come into effect from November 26, 2021.

The new tariffs for all prepaid packs will be available on www.airtel.in starting November 26, 2021.

Shares of Bharti Airtel Limited was last trading in BSE at Rs. 742.05 as compared to the previous close of Rs. 714.20. The total number of shares traded during the day was 793877 in over 17874 trades.

The stock hit an intraday high of Rs. 756.00 and intraday low of 733.25. The net turnover during the day was Rs. 591473172.00.

Source : Equity Bulls

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BhartiAirtelLimited INE397D01024 BHARTIARTL TelecomServices Airtel TariffRevision