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News on Medial
Jio, Airtel mute entry-level plans. Another round of tariff hikes on cards?
Livemint
·
23d ago
Medial
Reliance Jio and Bharti Airtel have withdrawn their entry-level prepaid plans, hinting at potential tariff hikes. The telecom giants are shifting focus towards higher data packages to boost average revenue per user (ARPU), reflecting changing consumer habits. This strategic move may signal forthcoming increases in industry tariffs as companies aim to enhance profitability.
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Data plan tweaks signal tariff hikes: Analysts
Economic Times
·
15d ago
Medial
Telecom analysts suggest recent tweaks in entry-level data plans by private telcos could indicate a forthcoming tariff hike, affecting price-sensitive customers in rural and semi-urban areas. Jio, Airtel, and Vodafone Idea have adjusted data plan prices, with potential average revenue per user (ARPU) increases projected. Economic dynamics suggest minimal impact on urban users but may accelerate the shift from prepaid to postpaid. The move aims to sustain telcos' revenues amid competitive pressures.
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Pay more for data as telcos phase out entry-level plans
Economic Times
·
23d ago
Medial
Telecom companies in India, including Reliance Jio and Bharti Airtel, are phasing out entry-level 1 GB/day data plans, leading consumers to pay more for data usage. This shift, anticipated to be joined by Vodafone Idea, compels users to opt for pricier 1.5 GB/day plans. Analysts predict this strategy will boost average revenue per user (ARPU) for these operators in lieu of a broader tariff hike, ultimately enhancing their financial metrics and industry valuation.
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After Jio, Airtel raises mobile tariffs from 3 July. Details here
Livemint
·
1y ago
Medial
Telecom giant Bharti Airtel has announced a hike in mobile tariffs, following the recent increase by Reliance Jio. Airtel stated that the move was necessary to maintain a financially healthy business model for telcos in India. The company has increased its prepaid plans by 11-21% and postpaid plans by 10-20%. However, it claimed that the increases were modest and aimed not to burden customers. Airtel also confirmed that it will not introduce separate 5G tariff plans, unlike Jio, which has made 5G services available only on certain plans.
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Reliance Jio introduces new ’true unlimited upgrade’ add-on plans amid customer backlash over tariff hikes | Mint
Livemint
·
1y ago
Medial
Reliance Jio has introduced three new "True Unlimited Upgrade" add-on plans in response to customer dissatisfaction over recent tariff hikes. These plans provide unlimited 5G connectivity but only for users with 5G-compatible devices connected to the Jio True 5G network. The new add-on plans come after popular prepaid plans were scrapped, causing complaints. Only users with plans offering 2GB of data per day or more will be eligible for unlimited 5G data, while plans with 1.5GB data per day or less will have data limits. The recent tariff hike by Reliance Jio and other telecom providers has led to price increases up to 25% on all prepaid, postpaid, and data plans.
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Government decides not to intervene in Airtel, Reliance Jio tariff hike, the first in 3 years
Livemint
·
1y ago
Medial
The Indian government and telecom regulator have decided not to intervene in the recent price hikes by telecom companies. Telecom tariffs in India are among the lowest globally, and authorities believe there is enough competition in the sector, stating that the situation is not critical. Reliance Jio and Airtel have implemented price increases across various data packs starting July 3, affecting both prepaid and postpaid users. This includes adjustments to their monthly, quarterly, and annual plans. Airtel and Jio have revised their prepaid plans to strike a balance between affordability and improved service offerings.
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Reliance Jio’s surprise move: Teleco axes popular 5G prepaid plans of ₹395/ ₹1,559. Subscribers see rising costs | Mint
Livemint
·
1y ago
Medial
Reliance Jio has decided to discontinue its popular ₹395 and ₹1,559 prepaid plans, which offered unlimited 5G data and extended validity periods. This move comes ahead of a tariff increase scheduled for July 2024, as Jio aims to boost its average revenue per user (ARPU) and improve profitability in a competitive market. The base plan will see a 22% increase, while other plans will also experience price hikes, affecting both short-term and long-term options.
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Airtel to lead on spectrum bids in the upcoming auctions in May
Thehindubusinessline
·
1y ago
Medial
Bharti Airtel is expected to be the leading bidder in the upcoming spectrum auctions in India in May. With renewal requirements for 42MHz of spectrum, the company could spend around ₹3,800 crore at reserve prices. Analysts predict that Airtel may focus on renewals and selectively bid on certain circles to increase its market share. The absence of the 700MHz band should alleviate concerns about overspending by Airtel. Meanwhile, Vodafone Idea may choose not to bid for renewals in the 1800MHz band. The upcoming tariff hikes post elections will also be important for the industry's growth.
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Reliance Jio Turns Its Revenue Machine On
Inc42
·
1y ago
Medial
Reliance Jio's upcoming IPO next year may lead to higher internet prices, impacting millions of Indians who may struggle to afford the increased costs. The recent tariff hikes announced by Reliance Jio and other telecom companies have caused concern among the 470 million Jio 4G subscribers. In addition to the attention garnered by the extravagant Ambani family wedding, this development has also gained significant publicity.
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Jio, Airtel, Vi record customer loss post tariff hike, BSNL becomes only gainer in July
Money Control
·
11m ago
Medial
In July, state-run BSNL emerged as the only player to gain new subscribers and lead the market in terms of net customer addition in India's telecom sector. Other major players, including Reliance Jio, Bharti Airtel, and Vodafone Idea, reported a decline in customer base due to a tariff hike. BSNL added over 2.94 million mobile subscribers in July, while Airtel lost 1.69 million subscribers, Vodafone Idea lost 1.41 million, and Reliance Jio lost 758,000 subscribers. Overall, the telecom subscriber base slightly decreased to 1,205.17 million in July.
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Reliance Jio IPO: Delay to 2026 seen as strategic move amid tariff uncertainty
Economic Times
·
10d ago
Medial
Reliance Industries has delayed its Jio IPO to the first half of 2026 due to telecom market volatility and strategic timing considerations. With an estimated enterprise value of $135 billion, analysts believe the delay allows Jio to strengthen financially and possibly benefit from expected telecom tariff hikes, boosting its earnings. This IPO is seen as a significant market event, closely watched by investors, despite concerns over possible "holdco" discount effects.
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