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Prepaid Tariff Plans For Reliance Jio, Airtel and Vodafone Idea May Not Decrease For Next 2 Years

Indian Telecom

The price of one GB Mobile internet in India is Rs 11.78 which is lowset across the globe.

Reliance Jio, Airtel and Vodafone Idea have recently increased their prepaid tariff plan prices by up to 50 percent. Since then, mobile users have to pay additional charges to continue their prepaid number. Since the massive entry of Reliance Jio into the telecom market in 2016, a fierce tariff war has been going on between the telecom companies which is now ending slowly. This tariff war broke the back of telecom, after which keeping in view the increasing burden of debt, the telecom companies announced to increase the tariff.

Telecom companies will double their profits

After the tariff plan became expensive, rating agency Crisil said in a report that this move of the telecom companies will double their profits and this will also improve the condition of the telecom sector. CRISIL has stated in its report that the profit of the telecom companies was Rs 29,450 crore in FY 2019 which could be around Rs 60,570 crore in FY 2021.

airtel,reliance jio, vodafone idea

Axis Capital has also said a few days ago that the tariff will improve the financial position of telecom companies, while ICICI Securities said that the average revenue (ARPU) of private telecom companies can now grow up to 21 percent. If we take as an example, according to this estimate, Airtel’s Rs 128 plan can be Rs 156 and Vodafone Idea Rs 107 plan can be Rs 131.

Mobile internet is the cheapest in India

Recently information and technology minister Ravi Shankar Prasad said about the price of mobile internet, ‘Narendra Modi government inherited expensive mobile internet from Congress which was Rs 268.97 per GB in 2014, now according to TRAI India, The price of one GB internet in India is Rs 11.78. According to an online report released a few months ago, mobile internet data in India is the cheapest in the whole world.

According to an online report, the value of 1GB mobile data in India is $ 0.26, while the average global value of 1GB data is $ 8.53. The report said that Switzerland, South Korea, the US, Canada, China, Germany, according to the chart, India is the cheapest in terms of mobile tariffs. The most expensive mobile internet in the world is in Zimbabwe where the price of one GB data is around Rs 5,310.29.

74,000 crore dues on Airtel-Vodafone

You can gauge the pathetic condition of the Indian telecom sector by the fact that in the second quarter, Vodafone-Idea lost about Rs 51,000 thousand crores and Airtel lost Rs 23,000 crore. At the same time, after the Supreme Court’s decision, Airtel has to give about 62,000 crore rupees and Vodafone-Idea Rs 54,000 crores to the central government, which has not been given yet, although all telecom companies have two years to pay the arrears. has given.

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Lingraj is one of the youngest members of PhoneTalk, and a recent tech geek convert. When he's not churning out articles, you’ll find him watching sports, exploring new places, and listening to music.
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