The operator provides 4G services in 16 cities but Airtel will provide the Redmi Note at 133 stores across Mumbai, Bangalore, Hyderabad, Chennai, Delhi-NCR and Kolkata.
To give a fillip to its super fast fourth-generation mobile services, Bharti Airtel has tied up with Chinese handset maker Xiaomi to provide 4G device Redmi Note at a price of Rs 9,999 in six cities, including the National Capital.
The operator provides 4G services in 16 cities but Airtel will provide the Redmi Note at 133 stores across Mumbai, Bangalore, Hyderabad, Chennai, Delhi-NCR and Kolkata.
"Mi India fans can now book their device online and select their preferred Airtel store and date for purchasing the device," Airtel said in a statement.
The country's largest mobile operator also said it will organise a 'Mi Day' each week at select stores in the six cities, enabling customers to buy the device without any pre-booking.
The company said while its postpaid customers having at least 500 MB 3G data pack activated on their connection can easily move to the Redmi Note, prepaid and non-Airtel customers will have to first opt for an Airtel postpaid myPlan when they purchase the Redmi Note 4G.
The devices will be sold at these stores on a first-come-first-serve basis, Airtel added.
Customers purchasing the device will be provided a 4G SIM. The company said its existing 3G users can enjoy 4G speeds on their new Redmi Note 4G at the same tariff as their existing 3G plan, without activating any special 4G plan.
In cities where Airtel 4G services are not yet available, customers will be automatically upgraded to 4G at the same tariff as their existing 3G data packs as and when 4G services are rolled out in these cities, it added.
Postpaid customers in Bengaluru can also avail of a promotional offer of double data benefits on their 4G plans on buying the device.
Also Read: 3G auction: Telcos gain, TRAI proposes 22% lower base price
Bharti Airtel stock price
On January 01, 2015, Bharti Airtel closed at Rs 362.95, up Rs 10.10, or 2.86 percent. The 52-week high of the share was Rs 419.90 and the 52-week low was Rs 282.10.
The company's trailing 12-month (TTM) EPS was at Rs 27.40 per share as per the quarter ended September 2014. The stock's price-to-earnings (P/E) ratio was 13.25. The latest book value of the company is Rs 166.93 per share. At current value, the price-to-book value of the company is 2.17.
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