Companies
Airtel's subscriber additions plunge as Jio gains, despite ARPU growth
Reported by: Livemint ·
Summary
Livemint reported that Bharti Airtel's subscriber additions fell while Reliance Jio gained users, even as Airtel's ARPU grew. The report said the change followed Airtel scrapping a low-cost plan on 12 August. That plan offered a cheap entry point for users with a daily data limit of 1GB. After it was withdrawn, Airtel's cheapest entry-level plan was the ₹349 plan. Subscriber additions means the net number of new users a telecom operator gains in a period; a fall means it added fewer than before. ARPU, or average revenue per user, is the average money an operator earns from each user, usually each month. The report does not give subscriber or ARPU figures, so the size of the change is not known from this headline.
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Livemint · · Tone +1
Airtel's subscriber additions plunge as Jio gains, despite ARPU growth
The plan was significant as it offered a relatively low-cost entry point for users with a daily data limit of 1GB. After scrapping the plan on 12 August, Airtel’s cheapest entry-level plan was the ₹349 plan, offering…
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Earlier coverage
What outlets reported about the same company before this story, newest first.
Moneycontrol ·
BusinessLine ·
Airtel dips 1.2% post-results as Citi flags ₹299 plan reversal; analysts hold Buy
ET Now ·
Bharti Airtel's Rs 299 tariff hike U-turn: Why Sunil Mittal-led telco reversed the move and why brokerages still see up to 15% upside
CNBC TV18 ·
Bharti Airtel reinstates ₹299 recharge plan three months after withdrawal; Citi explains the implications
Moneycontrol ·
Economic Times ·
Bharti Airtel Share Price Live Updates: Bharti Airtel's Stock Performance
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