Bharti Airtel reduces its ISD Tariffs

Bharti Airtel Ltd on April 01, 2007, has announced the reduction in International Long Distance Tariffs (ISD) for all its mobile customers in India. This is in line with the Company's endeavour to make International calling more affordable and deliver greater value to its growing number of mobile users.

With effect from April 01, 2007, Airtel mobile customers can call USA, Canada, Australia and many other countries (details given in table below) for as low Rs 6.40 per minute - a reduction of 11% from the earlier rates. With this, Airtel has made ISD calling from mobile more economical than making ISD calls from Fixed / Landline phones. This spell huge benefits for the mobile user as Airtel continues to lead in driving affordability in the Indian telecom market.

"India is a global economic powerhouse today with business interests spanning boundaries. We also have a large and growing base of over 22 million Non Resident Indians. I am happy that Airtel is taking a step further to dissolve these boundaries and bring people closer to connect with their business associates, friends and family internationally. Being the industry leader, we will continue to be at the forefront in driving affordability and providing greater value to our customers", said Mr. Sanjay Kapoor, President, Mobile Services, of the Company.

The new tariffs are applicable from April 01, 2007.

1. International Calling Destinations: USA, Canada, Europe (Fixed Line), Australia, Singapore, Hong Kong, Thailand, Malaysia, Indonesia, New Zealand

New tariff in Rs: 6.40

Old Tariff in Rs: 7.20

Reduction %: 11%

2. International Calling Destinations: Gulf, Europe (Mobile), SAARC countries, Africa & Rest of the world*

New tariff in Rs: 9.20

Old Tariff in Rs: 9.99

Reduction %: 8%

* excluding some select countries

Source : Equity Bulls

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