Low ARPU subscribers could shift to Jio plans as they offer higher discount compared to rivals
Bharti Airtel, Vodafone Idea and Reliance Jio has increased their tariffs in the range of 15% to 40%. If you are wondering how much more you will have to pay for your phone calls and data use, watch this video to know and compare the different plans of top telecom companies
All the three private telecom players Vodafone Idea, Bharti Airtel and Jio has raised their taiff plans pre-paid tariff plans and the increase has been as high as 40-50%
Telecom sector is still far from the desired stability
Analysts have also revised ARPU estimates
Tariff hike for Airtel and Vodafone will be effective from Dec 3, while for Jio the new rates will be applicable from Dec 6
According to official data, the telecom sector's gross revenue fell about Rs 41,000 crore in three years on account of a dip in mobile services rates.
Operating profit of Bharti Airtel, Vodafone Idea to increase by Rs 7,000- 9,500 crore
Prasad said that Prime Minister Narendra Modi-led Central government had inherited a high cost of the mobile internet from the UPA and turned it around.
Vodafone Idea and Bharti Airtel have announced to raise mobile calling and data rates from December 3
The company has announced new plans for prepaid product and services with 2 days, 28 days, 84 days, 365 days validity
There have been reports of telecom companies approaching the regulator to fix the floor price or minimum tariff to be offered by them
As operators have already announced that they will increase tariffs, Telecom Regulatory Authority of India will wait to see how the entire situation unfolds
Telcos have reduced their tariffs so much that they earn only Rs 75 per user per month, nationally
We will not interfere in their decision to raise tariffs but if the consumer is affected due to the increase we will intervene, says a senior DoT official
Another official said that as things stand now there is no move to initiate any consultation on floor price
Jio is waiting for the tariffs numbers announcement by the telcos duo and will react after that
We have not received anything," Sharma said when asked if the DoT has approached Telecom Regulatory Authority of India
The central government has objected to the reported comments of Nick Read, chief executive of Vodafone, that the India unit of the telecom major was headed for liquidation due to, among other factors, the Supreme Court decision requiring payment of Rs 28,300 crore as spectrum dues.According to media reports, Union telecom and communications minister Ravi Shankar Prasad spoke to Vodafone Idea chairman Kumar Mangalam Birla to express displeasure. Vodafone Plc, the parent entity, says its chief's comments were taken "out of context", presenting an incorrect picture. Vodafone Plc owns 44.3 per cent stake in Vodafone Idea; the Aditya Birla Group holds 26.5 per cent.According to the transcript of Read's utterances, he'd told analysts that due to the Supreme Court's ruling on the correct way to determine telecom company dues from their Adjusted Gross Revenue (AGR), on top of the financial stress already present, the situation of the telecom sector in India and at Vodafone Idea was a ...
State distribution utilities in 17 of the 29 states have filed tariff petitions for FY20