New Delhi, June 28: Telecom major Bharti Airtel, on Friday, announced a steep hike in mobile tariffs, with effect from July 3. In the unlimited voice plans, the company raised mobile tariffs from Rs 179 to Rs 199, from Rs 455 to Rs 599, and from Rs 1,799 to Rs 1,999 plan.

For post-paid plans, the Rs 399 tariff plan will now be Rs 449; the Rs 499 plan will be Rs 549; the Rs 599 plan will cost Rs 699 and Rs 999 plan will now come for Rs 1199, effective from July 3. Airtel vs Jio New Plans: Check Prices of New 5G Unlimited Plans of Bharti Airtel and Reliance Jio After Tariff Hike, Know Changes in Old and Revised Rates.

In a statement, Bharti Airtel said that it has maintained that the mobile average revenue per user (ARPU) needs to be above Rs 300 to enable a financially healthy business model for Telcos in India.

“We believe that this level of ARPU will enable the substantial investments required in network technology and spectrum and offer a modest return on capital,” said Bharti Airtel. Reliance Jio Tariff Hike: Jio Announces New Unlimited 5G Data Plans, Hikes Prices for Other Pre-Paid and Post-Paid Plans; Check Revised Tariffs.

Bharti Airtel’s shares went up in early morning trade by around 1 per cent at Rs 1,491 apiece. Earlier, Reliance Jio also announced a 12-27 per cent hike in mobile tariffs. --IANS na/kvd

(The above story first appeared on LatestLY on Jun 28, 2024 11:18 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).