Bharti Airtel to Follow Vodafone Idea in Raising Tariff Prices This December

Bharti Airtel will also increase prices of tariff plans starting December 1, 2019. The announcement from Airtel came right after that from Vodafone Idea. Both the telcos did not dive into further details on how much the tariffs will be hiked, but analysts are expecting at least 35-40% hike. Both Bharti Airtel and Vodafone Idea posted record losses in Q2 FY20, and the decision to increase tariff prices comes at the right time. A couple of years ago, both the telcos decreased tariffs to match Reliance Jio, but it’s impossible to sustain in the market right now with those tariffs, so the telcos decided to hike the prices.

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Vodafone Idea and Bharti Airtel Prepaid Plans Start at Less Than Rs 25

Right now, the basic service validity prepaid plans from Vodafone Idea and Bharti Airtel starts at less than Rs 25. Bharti Airtel has a Rs 23 Smart Recharge plan that does not offer any talk time or data benefit, but it extends a customer’s service validity by 28 days. Vodafone Idea has a Rs 24 All-Rounder plan with the same service validity extension benefit.

“The telecom sector is highly capital intensive with fast-changing technology cycles that require continuing investments. It is, therefore, extremely important that the industry remains viable to support the vision of Digital India,” said Bharti Airtel in a press note of why it’s increasing the tariffs.

For the unaware, Bharti Airtel posted a massive quarterly loss of Rs 28,450 crore last week and it’s the highest in any quarter for the telco since its existence. Vodafone Idea posted an even worse consolidated net losses of Rs 50,921 crore for Q2 FY20. The losses increased because of the added AGR dues and the telcos are left with no option rather than increasing tariffs.