Telecom major Bharti Airtel on Sunday came out with revised tariff plans for its mobile customers, which will come into effect from December 3.
The announcement has come in the backdrop of its highest quarterly loss of Rs 50,922 crore amid an adverse Supreme Court ruling on adjusted gross revenue (AGR). In November, both Airtel and Vodafone Idea had announced to raise tariffs in December.
Post the revisions, the current Rs 129 pack for 28 days with unlimited calling, 300 SMS, and 2GB data will cost Rs 148, an Airtel statement said.
Similarly, the plans worth Rs 169 and Rs 199 for 28 days have been merged and a new pack of Rs 248 has been created which would offer the same benefits as the former two, with unlimited calling, 100 SMS per day and 1.5GB data per day.
The Rs 249 worth pack which offered unlimited calls, 100 SMS and 2GB data per day would cost Rs 298, said the statement. Packs that currently cost Rs 448 and 499 for 82 days would now cost Rs 598 and Rs 698 for 84 days.
The current yearly plan worth Rs 1,699 would be charged Rs 2,398, among other rate hikes.
“Airtel’s new plans, represent tariff increases in the range of a mere 50 paise/day to Rs 2.85/day and offer generous data and calling benefits. In addition, Airtel provides exclusive benefits as part of the Airtel Thanks platform, which enables access to premium content from Airtel Xstream (10,000 movies, exclusive shows, and 400 TV channels), Wynk Music, device protection, anti-virus protection and much more,” it said.
Vodafone Idea Hike Price
In a first mobile tariff hike in the past four years, telecom operator Vodafone Idea on Sunday announced new plans under which call and data charges will be dearer for its pre-paid customers by up to 50 percent from December 3.
Besides this, Vodafone Idea will also charge 6 paise per minute for every outgoing call made by customers on to the network of other operators.
“Vodafone Idea Limited (VIL), India’s leading telecom service provider, today announced new tariffs/plans for its prepaid products and services. New plans will be available across India starting 00:00 hours of 3 December 2019,” the company said in a statement.
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The company will increase its entry-level unlimited plan with a year-long validity by about 50 percent to Rs 1,499 from with 24 GB of data instead of Rs 999 plan, which comes with 12 GB data usage limit.
The price of the plan with 365 days validity in the same category with a daily data usage limit of 1.5 GB per day will cost 41.2 percent more at Rs 2,399 from December 3 as against 1,699 at present.
Vodafone Idea has only revised rates of plan promising unlimited mobile and data services and also introduced some new plans.
A company official explained all the existing plans in an unlimited category will be replaced by the new plans from December 3 and new plans will be introduced or revised based on market response.
Though the company classifies a set of plans in the ‘unlimited’ category, these actually come with usage limits for data at a promised speed and 100 SMS per day limit.
>> Airtel releases new tariff plans effective December 3. Check details here
The highest rate of increase of 41.2 percent has been announced by the company in the annual unlimited category plan which will cost Rs 2,399 instead of 1,699 at present.
The starting plan with a data offering of 1.5 Gb per day with 84 days validity in the “unlimited” category will cost around 31 percent more at Rs 599 compared to Rs 458 at present.
The company will raise the price of Rs 199 unlimited plan, which offers 1.5 Gb data per day, by about 25 percent to Rs 249.
Vodafone Idea which is reeling under a massive debt of around Rs 1.17 lakh crore had earlier cited acute financial stress on the company behind the decision to raise mobile call and data charges.
Vodafone Idea last month reported a consolidated loss of Rs 50,921 crore—the highest ever loss posted by any Indian corporate—for the September quarter on account of liability arising out of the Supreme Court’s order in the adjusted gross revenue (AGR) case.
The company has estimated liability of Rs 44,150 crore post the apex court order and made provisioning of Rs 25,680 crore in the second quarter this fiscal.