Advertisement
Co Presented By
Co Presented By

Vodafone jacks up postpaid prices by 20% in Mumbai

Vodafone has increased call prices for postpaid customers in the Mumbai telecom zone by about a fifth, a company spokesman said on Tuesday, extending a similar increase imposed last year for prepaid users.

Advertisement
FP Archives|Dec 20, 2014, 08:06:41 IST

New Delhi: Vodafone has increased call prices for postpaid customers in the Mumbai telecom zone by about a fifth, a company spokesman said on Tuesday, extending a similar increase imposed last year for prepaid users.

Carriers including the Vodafone unit and market leader Bharti Airtel raised tariffs for prepaid users by about a fifth in the middle of last year, in the first such increase in at least two years in the fiercely competitive sector.

Advertisement

[caption id="attachment_294655" align="alignleft" width="380" caption="About 5 percent of Vodafone's more than 150 million mobile subscribers in India are on a postpaid connection.Reuters"][/caption]

India, the world's second-biggest mobile phone market with more than 900 million customers, is divided into 22 zones and Mumbai is one of the top zones.

The market has one of the cheapest call prices in the world, and most customers use prepaid deals.

About 5 percent of Vodafone's more than 150 million mobile subscribers in India are on a postpaid connection.

businessMore from Business

Reuters

Handpicked stories, in your inbox
Global stories. Indian perspective. Zero noise.
No Spam. Unsubscribe Any Time.
First Published:May 01, 2012, 19:47:00 IST
Advertisement
Advertisement
Trending Stories

Google burns cash for first time as AI spending pushes 2026 capex to $205 billion

Google parent Alphabet reported negative free cash flow of $5.9 billion in the second quarter for the first time since going public, as surging AI infrastructure spending pushed its 2026 capital expenditure forecast to as much as $205 billion
6 min read
Advertisement
Advertisement
Up Next