Jio’s Unlimited 5G Plans Put Airtel on Back Foot in India, Delay Profits: JP Morgan

Jio’s Unlimited 5G Plans Put Airtel on Back Foot in India, Delay Profits: JP Morgan

ByNews Polite

The launch of cheaper postpaid plans with unlimited 5G by Reliance’s Jio has put rival Bharti Airtel on the back foot in the Indian market and may delay recovery in its key profit metric, JP Morgan analysts said on Thursday. Jio, the telecoms unit of Indian conglomerate Reliance Industries, launched…

Airtel Hikes Basic Tariffs in Seven Regions by Nearly 57 Percent to Increase Average Revenue per User

Airtel Hikes Basic Tariffs in Seven Regions by Nearly 57 Percent to Increase Average Revenue per User

ByNews Polite

Bharti Airtel, India’s No. 2 telecom carrier by subscribers, has introduced a new entry level plan at Rs. 155 in seven regions, the company’s spokesperson said on Tuesday, effectively raising basic tariffs by nearly 57 percent. The new plan was introduced in regions including the states of Karnataka, Bihar and…