TWALKITOUT: Leading telecom players in India Bharti Airtel and Vodafone are set to hike voice call tarrif. the increase in the tarrif is expected to be gradual and subsequently for all the 22 circles that the operator deals in.
“We have been reiterating that increase in prices is inevitable, which is reflected from the fact that despite rising costs, tariffs have been falling over the past 12 quarters,” Bharti Airtel said in a statement.
Hiking the prices for data usage and voice calls has been welcomed by the investors, as it would bring more margins but is an alarming call for the consumer, who is already laden under 360 degree price rise.
The stock traded 3.5 per cent higher at Rs. 363.45 on the National Stock Exchange against a 0.12 per cent gain in the Nifty as of 10.45 a.m. Bharti was the top Nifty gainer.
Apart from Airtel and Vodafone, Reliance GSM has also reduced the validity period of most of their service pack. The night calling pack in Himachal Pradesh circle, that lasted for one month, now is just valid for a week in Rs. 89.
We see this initiative as a readiness for “roaming” charges getting abolished to make STD calls from all across the country at uniform prices. Telcom companies are storming their think tanks to set pricing in a manner that is really not visible to a consumer as an unfair deal and still bring in margins.
(image credits: freedigitalphotos.net)
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