Vodafone India unit says inclined to follow rivals' price moves

Wed Jan 23, 2013 5:51pm IST

Men ride their horse carts past an umbrella with a Vodafone logo on a road in Jammu November 21, 2011. REUTERS/Mukesh Gupta/Files

Men ride their horse carts past an umbrella with a Vodafone logo on a road in Jammu November 21, 2011.

Credit: Reuters/Mukesh Gupta/Files

Related Topics

Stocks

   

REUTERS - Vodafone's(VOD.L) India unit, the country's No.2 mobile phone operator, said it was inclined to follow price moves by competitors but has not decided on precise steps.

"We are inclined to follow to maintain consistency and competitive position though we haven't decided on our precise circle-wise moves," it said in a statement.

Earlier on Wednesday, Bharti Airtel Ltd (BRTI.NS), India's top mobile phone carrier, said it had raised voice call prices, while Idea Cellular Ltd (IDEA.NS), India's No.4 by customers, said it had effectively raised voice call prices in some parts of the country after withdrawing promotional offers.

(Reporting By Aradhana Aravindan and Devidutta Tripathy; Editing by Gopakumar Warrier)

FILED UNDER:

Economy

REUTERS SHOWCASE

Global Economy

Global Economy

EU leaders agree investment package to boost economy.  Full Article 

Oil Prices

Oil Prices

Brent steady below $60, heads for 4th weekly decline as oversupply persists.  Full Article 

Chinese Economy

Chinese Economy

China revises up size of economy in 2013 by 3.4 percent.  Full Article 

Reuters Exclusive

Reuters Exclusive

Google aiming to go straight into car with next Android – sources.  Full Article 

Reuters Poll

Reuters Poll

BSE Sensex to hit 32,980 by December 2015  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage