Airtel, Vodafone user base plummets with Minimum Recharge Plan rollout

The Minimum Recharge Plans launched by Bharti Airtel and Vodafone Idea Ltd (VIL) to clean up their low-paying subscriber base have resulted in a significant reduction in user base.

In the third quarter of FY19, VIL reported a 35 million reduction in user base and another 53 million during the fourth quarter.

sIts total subscriber base was 334 million as of March end, according to a report by research firm Morgan Stanley.

VIL’s management had said that there could be some residual impact that could flow into the first quarter of fiscal 2020, it added.