financetom
Business
financetom
/
Business
/
Bharti Airtel ups entry-level prepaid plan to Rs 79
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Bharti Airtel ups entry-level prepaid plan to Rs 79
Jul 28, 2021 4:17 AM

Telecom operator Bharti Airtel announced the revision to its prepaid plans and a price hike for its entry-level plans on July 28.

The company has discontinued the Rs 49 entry-level prepaid recharge and the prepaid packs will now start from Rs 79. It is about a steep 60 percent increase in the pre-paid base plan.

The overall subscribers to Airtel’s prepaid plans as of March were about 320 million. According to an analyst, assuming that 15 percent of the subscribers are on the entry-level plan, the revised price points to Rs 1,500 crore increase in the firm’s revenues and about Rs 1,000-1,100 crore jump in the company’s India mobile EBITDA (earnings before interest, taxes, depreciation, and amortization), which translates into a boost of about 4-5 percent. So, that per se it is not very substantial, the analyst said.

Watch the accompanying video of CNBC-TV18’s Reema Tendulkar for more details.

(Edited by : Kanishka Sarkar)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BRIEF-Empro Group -  Intend To Reserve Symbol
BRIEF-Empro Group - Intend To Reserve Symbol "EMPG" For Purposes Of Listing Ordinary Shares On Nasdaq Capital Market
Sep 16, 2024
Sept 16 (Reuters) - * EMPRO GROUP INC. FILES FOR U.S. IPO- SEC FILING * EMPRO GROUP INC - INTEND TO RESERVE SYMBOL EMPG FOR PURPOSES OF LISTING ORDINARY SHARES ON NASDAQ CAPITAL MARKET * EMPRO GROUP INC - HAVE APPLIED TO LIST ORDINARY SHARES ON NASDAQ CAPITAL MARKET * EMPRO GROUP INC.: SPARTAN CAPITAL SECURITIES, LLC, IS THE UNDERWRITER...
Horizon Space Acquisition I, Squirrel Enlivened International Agree to Merge
Horizon Space Acquisition I, Squirrel Enlivened International Agree to Merge
Sep 16, 2024
05:59 PM EDT, 09/16/2024 (MT Newswires) -- Horizon Space Acquisition I ( HSPO ) and Squirrel Enlivened International, said Monday that they have signed a merger agreement. The transaction still requires approval from the companies' boards, shareholders, and regulators and is subject to other customary conditions, they said. Horizon is a special-purpose acquisition company, while Squirrel provides brand marketing and...
OpenAI's safety committee to oversee security practices as an independent body
OpenAI's safety committee to oversee security practices as an independent body
Sep 16, 2024
(Reuters) - Microsoft ( MSFT )-backed OpenAI said on Monday its safety committee will oversee security and safety processes for the company's artificial intelligence model development and deployment, as an independent body. The change follows the committee's own recommendations to OpenAI's board which were made public for the first time. OpenAI, the company behind the viral chatbot ChatGPT, formed its...
BRIEF-Quebecor Made Offer To Buy Corus Entertainment - The Globe And Mail
BRIEF-Quebecor Made Offer To Buy Corus Entertainment - The Globe And Mail
Sep 16, 2024
Sept 16 (Reuters) - * QUEBECOR MADE OFFER TO BUY CORUS ENTERTAINMENT - THE GLOBE AND MAIL Source text: tinyurl.com/2b6sr4qe Further company coverage: ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved