AIRTEL HIKES POSTPAID PLANS, REVENUE EXPECTED TO INCREASE

has raised its postpaid tariffs by Rs 50 and revamped its plans to offer customers one free international roaming trip every year. Existing postpaid subscribers will be moved to the nearest higher plan within a month. The complimentary five-day roaming pack includes 5GB of data, 60 minutes of calls, 25 outgoing SMSes and free incoming SMSes. Customers can activate it whenever they choose, while every member on a family plan will be eligible for the benefit. Having a market cap of Rs 11.33-lakh crore, he company has delivered a good profit growth of 45% CAGR over last 3 years, and with this new tariff hike, the profits are expected to further grow in the coming quarters. Promoters have also increase stake by 1.20% over last quarter.