Airtel restores entry plan as data center capex rises
pre-market1 source ↓machine-written, see hownot a recommendation
- BHARTIARTL close
- ₹2,107
- On the day
- +2.45%
- Futures OI, long build-up
- +1.7%
- Put-call ratio
- 0.61
- Max pain
- ₹2,020
Bharti Airtel saw quarter-on-quarter customer churn in Q2 after shifting users towards premium mobile plans and implementing tariff changes. The company restored its ₹299 entry-level plan with reduced data benefits to address the subscriber loss. Despite the churn, average revenue per user rose to ARPU ₹271, while the overall customer base increased to 49.86 crore.
The move highlights the trade-off between improving monetisation and protecting subscriber volumes in the telecom sector 📱. Airtel is moderating capital expenditure on wireless networks while directing significantly higher investment towards data centers, including a large land acquisition and planned development in Visakhapatnam. The company also indicated that future dividend payouts could increase, although no payout amount was specified in the report.
OI Charts data showed the stock at ₹2,107 on 06 Nov 2026, up 2.45% for the session. The stock gained 6.8% over five sessions and 16.4% over 20 sessions, while its 52-week range stood at ₹1,726 to ₹2,174. Trading volume was 17,095,063 shares. Futures open interest rose 1.7% alongside the price, indicating a long build-up. Futures traded at a 0.57% discount to the underlying.
Key Points:
• Options positioning showed a put-call ratio of 0.61 for the 23 Nov 2026 expiry, with 17 days remaining.
• The largest call open interest was at ₹2,100, while the largest put open interest was at ₹2,000. Max pain stood at ₹2,020.
• The ₹2,100 call zone and ₹2,000 put zone are the immediate positioning levels to watch as the market assesses the balance between subscriber churn, higher ARPU and data center spending ⚡.
The next focus is Airtel’s subscriber trajectory after the restored entry plan, the pace and scale of data center investment in Visakhapatnam, and any disclosure on future dividend payouts. For the telecom sector, the reported shift suggests that tariff-led monetisation remains supportive for ARPU but can pressure volumes when lower-priced plans are withdrawn.
Source: Rediff MoneyWiz, 06 Nov 2026
Not investment advice. For informational purposes only.