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To Take on Jio, Airtel Rs. 995 Recharge Pack Offers 'Truly Unlimited' Voice Calls, 1GB Data per Month

The pack apparently has no daily or weekly fair usage limits Another 999 prepaid pack gives 60GB data with a validity of 90 days This new pack is applicable for most users in different telecom circles Airtel has rolled out a new long-term unlimited prepaid pack priced at Rs. 995 that offers users with 1GB 3G/ 4G data per month (total of 6GB), 100 SMS messages per day, and unlimited voice calls (including national roaming), with a validity of 180 days making it a half-yearly pack. While Airtel usually specifies a daily and weekly fair usage policy (FUP) limit on calling minutes, there are apparently no such restrictions for the Rs. 995 prepaid pack. The offer is valid for most users in Delhi-NCR, Telangana, Tamil Nadu, and other telecom circles. The new Rs. 995 pack seems to be focused towards customers with heavy calling requirements. On the other hand, it does not seem to offer decent benefits on the data front considering most of Airtel's unlimited packs come wi...

Aircel, country's last small mobile phone operator, go for bankruptcy

Aircel , the debt-ridden  mobile  service provider, and its two units filed for bankruptcy in the National Company Law Tribunal, underscoring the struggles of India’s smaller telcos in a brutally competitive market amid a crackdown on large loan defaulters. Detailed talks with lenders and shareholders failed to yield a consensus on restructuring Rs 15,500 crore of debt and getting funding, leaving resolution under the Insolvency & Bankruptcy Code, 2016, as the only option, Aircel said in a statement on Wednesday. Aircel’s decision to move the  NCLT  was spurred by the Reserve Bank of India’s decision to scrap debt revamp schemes in favour of the Insolvency & Bankruptcy Code. “No agreement could be reached. Under current circumstances, especially after the 12 February 2018 RBI guidelines, the company believes resolution process under the Code is an appropriate recourse,” the company, majority-owned by Malaysia’s  Maxis , said in the statement. Ai...