(Bloomberg) — Shares of India’s largest mobile phone service providers surged after they announced a raise in the cost of subscriptions to their plans, signaling a cut-throat price war in the nation may finally be easing.Bharti Airtel Ltd., the third-largest wireless carrier, said it will increase prices of its most expensive plan by as much as 41%, while Reliance Jio Infocomm Ltd., the biggest telecom company by subscribers in India, will boost tariffs by as much as 40% from Dec. 6. Vodafone Idea Ltd. also announced a new pricing plan for prepaid customers on Sunday, which would be effective Dec. …read more
Source:: Yahoo Finance
