Home Asia Loss..!! Airtel reluctant to reduce its package pricing??

Loss..!! Airtel reluctant to reduce its package pricing??

Bharti Airtel believes that since there are only three big competitors at the market, they will not reduce call or data prices.

The Bharati Enterprise has also requested the government to down GST price on the telecom sector.

Mittal claims to invest ₹3 billion in the telecom industry in India.

Loss..!! Airtel reluctant to reduce its package pricing??
Loss..!! Airtel reluctant to reduce its package pricing??

Bharti Airtel believes that since there are only three big competitors at the market, they will not reduce call or data prices.

It also assumed that the market would stabilise the development of ARPUs ( average revenue per user), an essential performance indicator.

Ranjan Bharti Mittal, VC and MD of Bharti Enterprises explained that the plan prices are already low. The structure of the market needs to be improved and a further rise in prices also.

Loss..!! Airtel reluctant to reduce its package pricing??
Loss..!! Airtel reluctant to reduce its package pricing??

As Reliance Jio has kept a low pricing structure for its users, other telecom competitors such as Airtel and Vodafone are suffering.

Compared to a profit of ₹306 crore in an earlier year, Airtel saw a downfall of 72% in net profit of ₹86 crore through December.

While Vodafone complained of the same and claimed the loss had increased marginally to ₹5,005 crore.

Bharti Airtel has added some changes in plans of ₹199 pack that will benefit the user for 1.5 GB per day for 28 days, 100 national SMS along with unlimited calls.

Vodafone Too offers in ₹119 recharge 1GB data for 28 days with unlimited voice calls.

Contrary to it Reliance offers 2GB per day for 28 days, 300 SMS plus unlimited voice call and national roaming at just ₹98.

The Bharati Enterprise has also requested the government to down GST price on the telecom sector.

Mittal claims to invest ₹3 billion in the telecom industry in India.