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Bharti Airtel hikes tariff by ~20% across packs

News: Bharti Airtel has hiked its prepaid tariff plans by 20% across the board and 25% in base entry level voice (2G plan).

Views: We expect the tariff flow through to raise the India’s wireless EBITDA estimates by ~30%. We also expect the industry to follow suit, thereby improving the overall health and return ratio trajectory

Impact: Positive