Mechanical Engineer • 1y
Mobile phone bills are set to increase as Reliance Jio and Bharti Airtel have announced significant tariff hikes. Jio revealed a 12-25% increase on Thursday, followed by Airtel's announcement of price hikes on Friday. This marks the first major rate increase by a telco since 2021, aimed at boosting average revenue per user (ARPU) due to the high investments in 5G services.Jio's Tariff Hike Details Starting July 3, Jio's new rates will be implemented, affecting its over 472 million users. The Rs 155 plan will now cost Rs 189, while the popular Rs 239 monthly plan, offering 1.5 GB data per day, will be revised to Rs 299, a 25% increase. The annual package will see the highest hike, from Rs 2,999 to Rs 3,599. The smallest increase is Rs 34 for the Rs 155 plan with 28 days validity.Note that once the price hike goes into effect, the unlimited 5G data will only be available with plans offering 2GB/day data or above
Finding my self 😶�... • 5m
🤯Reliance Jio is gearing up for a significant IPO, expected in 2025, with a potential valuation exceeding ₹10 lakh crore (approximately $120 billion) . Analysts predict the IPO could raise around ₹40,000 crore and may include both fresh shares and a
See MoreI'm just a normal gu... • 2m
Reliance Jio has reportedly started deploying its own network products to strengthen its domestic 5G network across the country, signalling its motive to save huge costs Based on its partnership with the global brands, Nokia supplied equipment inclu
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