Jio follows Voda Idea, Airtel in raising tariff; rates to begin at Rs 199
Following
new tariff plans announced by incumbent telecom operators, Reliance
Jio
has updated its tariff plans, which will be applicable from December
6.
“These
plans will provide up to 300 percent more benefits to Jio customers,
upholding the Jio promise of providing best-quality service at the lowest price globally,” said the company in a statement.
The
company had already announced that while the new all-in-one plans
would be 40 percent more expensive, they would seek to offer higher
subscriber benefits.
Bharti
Airtel and Vodafone Idea had, on Sunday, announced a tariff hike in
the range of 15-40 percent, across different plans. The tariff hike
by both operators came into effect on December 3.
Jio
follows Vodafone Idea, Airtel with tariff hikes, prices start at Rs
199
“Bharti
Airtel and Vodafone Idea have announced a sub-25 percent tariff hike
for plans of Rs 349 and below, which cover close to 60 percent of
subscribers. We believe the average impact on average revenue per
user, or ARPU, would be 25-30 percent on account of the tariff hike.
While it was anticipated that TRAI would float a consultation paper
to do so, the incumbents announced tariff hikes without any
assistance from the regulator,” noted Shashi Bhushan, executive
director (IT and Telecom) at Axis Capital, following the tariff hikes
reported by Bharti Airtel and Vodafone Idea. Read
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