"Our new mobile plans offer tremendous value to our customers and are backed by a superior network experience on Airtel's nationwide 4G Shashwat Sharma, chief marketing officer, Bharti Airtel, said in the statement".
A company official explained all the existing plans in the unlimited category will be replaced by the new plans from December 3 and new plans will be introduced or revised based on market response.
In a massive blow to telecom companies, the apex court, on October 24, allowed the central government to recover Rs 92,641 crore in AGR from telecom operators, including Bharti Airtel, Vodafone Idea, and Reliance Jio.
The price 365 days validity plan in the same category with daily data usage limit of 1.5 GB per day will cost 41.2 per cent more at Rs 2,398 from December 3 instead of 1,699 at present.
Similarly, the plans worth Rs 169 and Rs 199 for 28 days have been merged and a new pack of Rs 248 has been created which would offer the same benefits as the former two, with unlimited calling, 100 SMS per day and 1.5GB data per day.
Airtel's Rs 298 plan will offer 2GB per day data, 100 SMS and unlimited voice calls for a validity of 28 days, among other features.
Airtel announced its price hike in a company statement, where it stated, "Airtel's new plans, represent tariff increases in the range of a mere 50 paise per day to Rs 2.85 per day and offer generous data and calling benefits", adding that the new tariffs will be applicable starting December 3 (Tuesday).
Vodafone Idea annual (365-day validity) plans have a FUP limit of 12,000 minutes for off-net calls made from Vodafone to other networks. Under this plan, you get 2 days validity, 100 free SMS, and 150MB data.
On its part, Mukesh Ambani-controlled Reliance Jio Infocomm (RJio) has launched new all-in-one plans, effectively increasing tariffs by upto 40 per cent.
Vodafone Idea is offering two combo recharge vouchers available at Rs 49 and Rs 79.
According to Telecom Regulatory Authority of India (Trai), prices of mobile data have fallen drastically by about 95 per cent to Rs 11.78 per gigabyte (GB). Then you have Rs 599 plan with 1.5GB daily data and 100 free SMS daily. All the updated Vodafone Idea plans have FUP limit of 1,000 minutes on off-net calls (Vodafone to other networks).
Jio has said that that company's new "plans will have a fair usage policy for calls to other mobile networks".
Bharti Airtel has posted a staggering Rs 23,045 crore net loss for the second quarter ended September 30, due to provisioning of Rs 28,450 crore in the aftermath of the SC ruling on statutory dues.
The move from the companies follows the Supreme Court judgement on adjusted gross revenue.
The companies are seeking waiver of interest and penalties on the dues and extended payment timelines instead of three months mandated by the SC. "The new plans will be effective from 6th December 2019", the company said in a statement.