After Vodafone Idea, Bharti Airtel has now announced a hike in mobile call, data charges. It will be implemented from December 3.
Earlier today Vodafone Idea announced new prepaid tariffs for its prepaid products and services from today, December 1.
The announcement came in the wake of the company's highest quarterly loss of Rs 50,922 crore amid an adverse Supreme Court ruling on adjusted gross revenue (AGR).
Airtel's colossal net loss of Rs 23,900 crore for just-ended September quarter was on account of exceptional charge pertaining to provisioning of Rs 28,450 crore towards the AGR dues, that included principle of Rs 6,164 crore, interest of Rs 12,219 crore, penalty of Rs 3,760 crore, and interest on penalty of Rs 6,307 crore.
Earlier in November, Reliance Jio had also announced its intention to increase mobile phone tariffs in the next few weeks.
"As per media reports, we understand that TRAI is likely to initiate a consultation process for revision of telecom tariffs. Like other operators, we will also work with the Government and comply with the regulatory regime to strengthen the industry to benefit Indian consumers and take measures including appropriate increase in tariffs in next few weeks in a manner that does not adversely impact data consumption or growth in digital adoption and sustains investments," the company had said in a press release.
(further details awaited)