Vodafone Idea Ltd. joined its peers Reliance Jio Infocomm Ltd. and Bharti Airtel Ltd. to raise rates for prepaid and post-paid consumers by 10-21%. The new plans will come into effect from July 4.
"Vi is the only operator offering a range of unmatched benefits to its pre-paid customer by Offering Night Free Data and Weekend Data Roll Over with its ‘Hero Unlimited' plans and a unique ‘Choose Your Benefit' option to its Post-Paid customers under its Vi Max Plans," the company said.
The base plan offering 2GB data, unlimited calling and 300 SMS with validity of 28 days will now cost Rs 199, compared with Rs 179 earlier. Meanwhile, the price of the base postpaid plan will cost Rs 451, up 12.5%.
Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay
-
Indian Markets Turning Corner After Two Tough Years, Says Sandeep Tandon -
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI
"Staying true to its philosophy of supporting entry-level users and progressively linking higher prices to increased usage, changes in entry level plans are nominal," it said.
The tariff hike is in line with what the other two private players have taken even as Jio continues to offer the cheapest base plans for prepaid and postpaid.
Post Vodafone Idea Limited's hike in tariff rates, here is the comparison of new prepaid and postpaid plans of Jio, Airtel and VI.
The cash-strapped Aditya Birla Group company is planning significant investments over the next few quarters to further enhance the 4G service as well as launch of 5G services.
The telecom player raised Rs 18,000 crore through a follow-on public offer. Apart from GQG, other marquee investors like Fidelity Funds and Redwheel Funds subscribed to the offer through the anchor book. The Aditya Birla Group invested Rs 2,075 crore in this fundraise as well.
Shares of Vodafone Idea closed 3.35% higher on Friday, as compared with a loss of 0.14% in the benchmark Nifty 50.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
