Telecom News
Airtel, Jio and Vodafone Idea push long-term plans at old rates to retain users
After announcing telecom pack price hikes of up to 25% effective July 3-4, telcos are urging subscribers to recharge long-term plans at old prices to reduce customer attrition. Bharti Airtel, Reliance Jio, and Vodafone Idea (Vi) are promoting 365-day plans priced between ₹2,545 and ₹3,099 through in-app promotions.
Tariff hikes to raise ARPU by 15 pc, help expand operating profits for telcos: Report
Tariff hikes by top telcos in FY25 are projected to significantly boost the industry's PBILDT, leading to a 15% increase in blended ARPU. This increase will aid telcos in deleveraging, funding technology upgrades, and expanding networks while also improving debt levels post-June 2024 spectrum auction.
Jio, Airtel Tariff Hikes: Users can still avoid increased prices. Here's how
Reliance Jio and Airtel will raise tariffs from July 3, 2024, to boost Average Revenue per User (ARPU), impacting millions of subscribers. Prepaid users can avoid hikes by recharging before July 3. Adjustments range from 12% to 25% for Jio and 11% to 21% for Airtel. Postpaid users will see immediate changes in their billing cycles.
Jio, Airtel pricing strategy shows they still target Vi’s 2G users: Analysts
Analysts suggest that Vodafone Idea could encounter difficulties in retaining its 2G subscribers, as recent tariff increases indicate that competitors like Reliance Jio and Bharti Airtel remain focused on attracting Vi's low-end customers. Reliance Jio has maintained its rates for 4G feature phones, while Bharti Airtel has made minimal adjustments to its basic plans, highlighting their strategies to capture Vi's 2G user base.
Spectrum auction: DoT to issue demand note to Airtel, Vodafone Idea and Jio this week for payment
Telcos receive a demand note for spectrum payment this week after the two-day auction. Airtel led the bidding, with Reliance Jio and Vodafone Idea also participating. The note outlines upfront or instalment payment options, due within ten days.
Jio, Airtel, and Vodafone Idea announce massive tariff hikes: Here's how much it will cost you
India's top telecom service providers, Reliance Jio, Bharti Airtel, and Vodafone Idea, have announced significant tariff hikes for their customers for prepaid and postpaid plans. The rate increases will take effect from July 3 and 4, 2024. The telecom companies aim to boost the average revenue per user (ARPU) after significant investments in 5G services. Prepare for higher mobile phone bills as Jio, Airtel, and Vi adjust their prices to boost ARPU and investments in 5G services.
New Mobile Number Portability rules to come into effect from Monday. Here's what it means for you
New MP rules from July 1: TRAI enhances telecom security with new Mobile Number Portability rules starting July 1, 2024. The amendments introduce a seven-day waiting period for Unique Porting Codes (UPCs) to combat SIM swap fraud, ensuring only genuine requests are processed and safeguarding mobile numbers from misuse and theft.
After Jio, Airtel and Vi answer revenue call, dial up tariffs
While Airtel and Jio - which dominate the market - say they need to improve returns after paying high prices for 5G airwaves in 2022, Vi is looking to back up its recent ₹23,000 crore equity fundraising efforts as it strives to become more competitive, stem user losses and repair a stressed balance sheet to pay vendors and statutory dues. Analysts said the three telcos will see a 13-17% rise in ARPU with the main effect being felt in second and third quarters of this fiscal year.
Tariff hikes may slow migration of feature phone users to smartphones: Experts
Recent steep tariff hikes by major Indian telecom companies are set to bolster the base of 4G feature phone users, shielding them from significant cost increases compared to smartphone users. This move is expected to slow down the migration to 5G smartphones. Industry experts suggest that while data consumption among 5G users remains strong, the tariff adjustments may lead smartphone brands to offer bundled data deals to spur sales. Overall, the impact on consumer behavior post-hike is anticipated to be moderated by entrenched data usage patterns.
Post tariff hikes: Users could spend Rs 47,500 crore more, trade up data plans
The recent hefty tariff hikes by major Indian telecom companies, Reliance Jio and Bharti Airtel, are expected to significantly increase consumer spending on telecom services, potentially adding Rs 47,500 crore annually. These increases, aimed at boosting 5G monetisation, raise the cost of entry-level 5G plans by up to 71%. Analysts anticipate a 15-17% rise in average revenue per user (ARPU) for Jio and Airtel, driven by up-trading to higher data allowance plans. Despite risks of subscriber churn, the hikes are seen as pivotal for enhancing profitability and investment returns in the telecom sector.
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Tariff hikes could help telcos see through 5G, infra spends...
Recent tariff hikes by telcos aim to boost ARPU, improve financial performance, and support tower installations for 5G rollouts. The industry seeks increased cash flows through regular tariff revisions to justify investments in new technologies like 5G.
Vi follows Jio, Airtel to raise tariffs; new plans effective July 4
Vodafone Idea has launched new plans for prepaid and postpaid customers starting July 4, 2024, following Jio and Airtel's footsteps. The changes are minimal, aligning higher prices with increased usage, and Vi aims to provide simple, comprehensive plans.
Tariff hikes signal better profitability for telecom industry going forward: ICRA
Bharti Airtel and Reliance Jio announced significant tariff hikes, impacting consumers. The industry is set to experience improved financial metrics and operating profits, allowing for deleveraging and funding capex. ICRA forecasts strong industry revenue growth and debt level moderation, with expectations of enhanced Return on Capital Employed for FY2025.
Rate hikes for 5G monetisation to push Jio, Airtel ARPU by 16-17% - Analysts
Reliance Jio emphasizes 5G monetization and premium plans, focusing on ARPU growth. With new tariff plans boosting prices, the telco aims for strategic revenue enhancement. Balancing subscriber additions and network monetization, Jio navigates the evolving telecom landscape with confidence, while industry competition and market dynamics drive further strategic decisions.
Airtel, Jio announce mobile tariff hike: Here is the full list of new prepaid and postpaid plans and prices
Mobile Tariff Hike: Airtel and Jio and have announced significant tariff hikes, marking the first major rate increase by a telco since 2021. Jio’s new rates, effective July 3, increase by 12-25%, while Airtel’s hikes start immediately. These adjustments aim to boost average revenue per user (ARPU) due to substantial investments in 5G services.
Airtel hikes tariffs by 11-21%, a day after Jio
Bharti Airtel announced on Friday that it will raise tariffs for all its prepaid and postpaid users starting July 3. This move follows a similar hike by rival Reliance Jio, which increased its rates by 12-15%. The primary objective of these changes is to improve the average revenue per user (ARPU).
