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 More