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:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

Economic Pulse

Economic Pulse

New govt promises low and stable tax regime for economic revival.  Full Article 

Global Growth

Global Growth

IMF cuts outlook, warns of stagnation risk in rich nations  Full Article 

Market Eye

Market Eye

Nifty retreats from record highs on profit taking.  Full Article 

Waning Enthusiasm

Waning Enthusiasm

Markets' post-election enthusiasm lost on consumers.  Full Article 

Banking Sector

Banking Sector

Banks not allowed to trade in bonds for infra lending - RBI.  Full Article 

Gold Imports

Gold Imports

Govt has no proposal to reduce gold import duty.  Full Article 

Reuters India Mobile

Reuters India Mobile

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