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SingTel associate Bharti Airtel raises tariffs by 10-21%

SingTel associate Bharti Airtel raises tariffes by 10-21% on July 3 after bruising battle with Jio

On June 28, Bharti Airtel announced that it is raising tariffs by 10-21% for all its prepaid and postpaid users on July 3. The move is an attempt to shore up average revenue per user (ARPU). This comes a day after Relaince Jio raised rates by 12-15%.

Bharti Airtel has maintained that its mobile ARPU needs to be at around INR300 for a "healthy business model" in India, and to be able to invest in network technology and spectrum. The Indian telcos last raised tariffs in 2021.

Singapore Telecommunication Z74s owns around 29% of Bharti Airtel. The Singapore listed telco's share price has been rising since mid-April and is up 12.2% this year. 

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