AGR impact: Airtel, Vodafone Idea to hike tariffs to hike tariffs from December 1

After posting combined losses of over ₹73,000 crore in the second quarter, Vodafone Idea and Airtel said they will increase tariffs from December 1.

“The acute financial stress in the telecom sector has been acknowledged by all stakeholders and a high level Committee of Secretaries (CoS) headed by the Cabinet Secretary is looking into providing appropriate relief,” Vodafone Idea said in a statement.

“To ensure that its customers continue to enjoy world-class digital experiences, Vodafone Idea will suitably increase the tariffs effective 1 December 2019,” it added.