New Recharge plans of Jio-Airtel can be expensive
New Recharge Plans of JIO-Airtel Hike: Telecom companies may soon make their recharge plans expensive. Brokerage firm Jefferies has indicated this in its report. According to the report, telecom companies can increase the price of recharge plans by up to 10 percent. Companies can take these steps to improve ARPU.
Phone bills in India may soon increase. Telecom companies Airtel, Jio, and Vi may soon increase the price of recharge plans. According to analysts, telecom companies can hike tariffs by up to 10 percent. Brokerage firm Jefferies has given this information in its report. According to the report, after the 5G launch, Airtel and Jio can increase in the fourth quarter of FY 23, FY24, and FY25. According to the analyst, all the benefits of the last tariff hike have been received by the telecom companies.
Now the revenue and margin of telecom companies are under pressure. Because of this, tariff hike has become necessary for telecom companies. Airtel officials have talked about tariff hikes on several occasions. The company constantly keeps talking about better ARPU.
There was a slight increase in the last quarter
There was a slight increase in ARPU (User on Average Revenue) of Jio, Airtel, and Vi in the September quarter. ARPU matters a lot for any telecom company. With this, you can consider the scale of measuring the performance of the telecom company. Whereas Jio’s ARPU had increased by 0.8 percent.
While Vi registered a growth of 1 percent, while Airtel achieved a growth of 4 percent. Recently, Airtel has increased the prices of its minimum recharge plans in some circles. The telecom company has increased the value of minimum recharge in two circles to Rs 155, which was earlier Rs 99.
Haven’t announced 5G plans yet
Telecom companies have not even announced 5G recharge plans yet. 5G services have been launched in the country in October. Mukesh Ambani had said at the launch event that 5G plans would be cheaper than other countries. However, no information has been received about its price yet.