Reliance Communications has taken a bold decision to hike the tariff further by 20 per cent across the country. Interestingly this is the first time an operator announced that they are going to hike the tariff further.
“Our Headline Tariff increase from 1.2 to 1.5 paisa per second in October last year did not see any traffic elasticity and there has been no fall in customer demand or change in usage patterns, as we successfully migrated our entire base to the Headline Tariff. With the Indian telecom industry now heading for a phase of consolidation, with smaller operators shutting down or scaling down their operations and easing off hyper-competitive pressures, this will help pricing power move back to serious, long-term and pan-India scale operators and positively impact profitability,” Mr Gurdeep Singh, Chief Executive Officer, Wireless, Reliance Communications, explained. “We have now corrected all Commitment Plans across the country and have increased tariffs by between 20 per cent and 30 per cent,” he added.
Check out the new revisions on tariff by Reliance Communications:
The above tariff is to be applied on all existing and new customers with immediate effect.