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Airtel, Jio announce mobile tariff hike: Here is the full list of new prepaid and postpaid plans and prices

Jio, Airtel, and Vodafone Idea announce massive tariff hikes: Here's how much it will cost you

Synopsis

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.

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.

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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.

Also Read: Jio, Airtel Tariff Hikes: Users can still avoid increased prices. Here's how


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.

Existing Plan Price (Rs)

Benefits (Unlimited voice & SMS plans)

Validity (days)

New Plan Price (Rs)

Monthly




155

2 GB

28

189

209

1 GB/day

28

249

239

1.5 GB/day

28

299

299

2 GB/day

28

349

349

2.5 GB/day

28

399

399

3 GB/day

28

449

2-month plans




479

1.5 GB/day

56

579

533

2 GB/day

56

629

3-month plans




395

6 GB

84

479

666

1.5 GB/day

84

799

719

2 GB/day

84

859

999

3 GB/day

84

1199

Annual




1559

24 GB

336

1899

2999

2.5 GB/day

365

3599

Data add-on




15

1 GB

base plan

19

25

2 GB

base plan

29

61

6 GB

base plan

69

Postpaid




299

30 GB

bill cycle

349

399

75 GB

bill cycle

449


Airtel's Revised Tariffs

Airtel's new tariffs also apply to both prepaid and postpaid plans, following Jio’s increase. The Rs 179 monthly plan will now be Rs 199, offering 2GB data per day, unlimited calling, and 100 SMS per day. The Rs 1,799 annual plan will now cost Rs 1,999. Daily data add-on plans start at Rs 22, up from Rs 19. Postpaid plans range from Rs 449 to Rs 1,199, with daily data plans starting at Rs 265.

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Airtel Prepaid Plans

Type

MRP

Validity (Days)

Benefit

Revised MRP

Unlimited

179

28

2GB data, UL Calling, 100 SMS/day

199

Unlimited

455

84

6GB data, UL Calling, 100 SMS/day

509

Voice Plans

1799

365

24GB data, UL Calling, 100 SMS/day

1999

Voice Plans

265

28

1GB/day, UL Calling, 100 SMS/day

299

Voice Plans

299

28

1.5GB/day, UL Calling, 100 SMS/day

349

Voice Plans

359

28

2.5GB/day, UL Calling, 100 SMS/day

409

Voice Plans

399

28

3GB/day, UL Calling, 100 SMS/day

449

Daily Data Plans

479

56

1.5GB/day, UL Calling, 100 SMS/day

579

Daily Data Plans

549

56

2GB/day, UL Calling, 100 SMS/day

649

Daily Data Plans

719

84

1.5GB/day, UL Calling, 100 SMS/day

859

Daily Data Plans

839

84

2GB/day, UL Calling, 100 SMS/day

979

Daily Data Plans

2999

365

2GB/day, UL Calling, 100 SMS/day

3599

Data Add-Ons

19

1 day

1 GB

22

Data Add-Ons

29

1 day

2 GB

33

Data Add-Ons

65

Plan validity

4 GB

77


Airtel Postpaid Plans


MRP

Benefit

Revised MRP

399

1 Connection; 40GB Data with roll-over, Unlimited Calling, 100 SMS/day, Xstream Premium Subscription

449

499

1 Connection; 75GB Data with roll-over, Unlimited Calling, 100 SMS/day, Xstream Premium Subscription, Disney+Hotstar Subscription 12 months, Amazon Prime Subscription 6 months

549

599

Family of 2 Connections; 105GB Data with roll-over, Unlimited Calling, 100 SMS/day, Xstream Premium Subscription, Disney+Hotstar Subscription 12 months, Amazon Prime Subscription 6 months, Wynk Premium

699

999

Family of 4 Connections; 190GB Data with roll-over, Unlimited Calling, 100 SMS/day, Xstream Premium Subscription, Disney+Hotstar Subscription 12 months, Amazon Prime Subscription 6 months, Wynk Premium

1199


Indian Telecom Industry Context

Experts anticipated the tariff hikes following the spectrum auction, as telcos aim to monetize their investments. Jio's ARPU showed minimal growth, from Rs 178.80 in fiscal 2023 to Rs 181.70 in fiscal 2024. Jio and Airtel have invested over Rs 2 lakh crore in 5G rollouts without immediate returns. This is the first significant tariff increase since November 2021, when rates were raised by 20-25%.
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What Experts are saying about Airtel, Jio Tariff Hikes

Brokerage CLSA suggests that Jio, Airtel, and Vodafone Idea need at least a 20% rate hike to reach a sectoral ARPU of Rs 200-217 by FY25-26. In May, Airtel's managing director Gopal Vittal emphasized the need for substantial tariff increases, citing the low return on capital employed (RoCE) at 9.5%. He noted, "While tariff hikes would invariably lead to some SIM consolidation, the upside benefits are far greater."

A BofA Securities report indicates that 36% of Jio and Airtel users are prepared to accept a 20-25% tariff hike post-elections. The telecom sector continues to adjust pricing strategies to enhance revenue in a competitive market.



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( Originally published on Jun 28, 2024 )

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