Reliance Jio Joins Other Telcos to Announce Tariff Hike In Coming Weeks

Reliance Jio, in its latest notification, has informed of a tariff hike which might take place in the coming weeks

Highlights
  • Other telcos have also announced tariff hikes
  • The new burden on incumbent telcos comes after the Supreme Court AGR decision
  • The telecom industry is under a new financial burden of Rs 1.4 lakh crore

The biggest change that the telecom industry is going through right now seems to be on the tariff front. To recall, this is the first time in the last three years after the data tariff war, that there have been official talks about raising of tariffs in the industry to improve its financial health. The first move was made by Vodafone Idea, which announced an increase in tariffs starting December 1. Following, next in line was Bharti Airtel which then joined in unison about the increase in tariffs. However, now we have Reliance Jio which has also noted in its latest release that it would increase the tariffs in the coming days. However, with this, Reliance Jio has taken a very neutral stance and noted that it would increase the tariff in such a way that it does not affect the data consumption or growth in digital adoption in any way, while also sustaining the investments.

reliance-jio-tariff-hike-telcos

Reliance Jio Rallies for Removal of 2G Network By Investment

Reliance Jio has noted in its latest release that it has enabled India as the world’s largest data-market growing from 20 crore GB per month in 2016 to over 600 crore GB per month now. It added, “Despite the staggering growth in data-consumption and 4G coverage across the country, there are still over 40 crore Indian consumers who have not benefitted from the advent of the latest technologies. We believe that the ambitious objectives of the ‘Digital India’ mission can be achieved only if India is made “2G-mukt” in the shortest time-frame possible. The Government and TRAI should mandate this through policy. This requires continued investment at an industry level. The whole industry needs to come up the curve and raise standards to meet the aspirations of Indian citizens and fulfil the nation’s digital agenda.”

Jio to Focus on Customer Service and Quality

The telecom operator also added that it is aware of the media reports which point to the fact that Trai could soon start a consultation process in the industry which would be focused on the revision of tariffs, especially in its increase. The Mukesh Ambani led telecom operator has also added that with a floor pricing on the way for the industry, it would compete on the basis of quality and service in the marketplace. It also said that being a customer-obsessed organisation it will provide the best services to its customers and would always keep them at the centre of everything to ensure that consumers get the most benefits.

Floor Tariff Pricing to Help Bharti Airtel and Vodafone Idea

It is worth noting that the move of bringing a floor pricing in the industry could be a rally of the Telecom Regulatory Authority of India (Trai) to help the telecom operators which seem to be stuck in a financially grim position especially after the Supreme Court decision on the matter of Adjusted Gross Revenue (AGR). For an industry which is already under a reeling debt of Rs 7 lakh crore, the telecom operators now have additional dues of Rs 1.4 lakh crore and possibly even more, as the Apex Court has changed the definition of AGR which increases the license fee and Spectrum Usage Charges (SUC) dues by a significant amount. The move of raising the tariffs as early as December would mean that the telecom operators would be better disposed to raising enough influx from revenue to provide well for the dues. It is worth noting that the telecom operators except Reliance Jio and BSNL have also asked for a three-year moratorium, extended payment deadlines and more from the government in the form of relief.

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Arpit spends his day closely following the telecom and tech industry. A music connoisseur and a night owl, he also takes a deep interest in the Indian technology start-up scene and spends rest of his time spilling poetry and stories on paper.

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Chhota ChetanGirish Gowda | bengaLuruThreeeyedravenAniruddha DharGirish Gowda | BengaLuru Recent comment authors
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Feku Gobi
Feku Gobi

I love Ambani and travelling everywhere!

City
Air India
Operator
Jio
DTH
Jio Fiber
Arun
Arun

All this happens because of this government intention to suck common man’s money.. They made everything in high price.. Middle class and lower class people suffer again..
No strong opposite party to object anything in India…

Kunal
Kunal

Before this government , charges were 250 per GB & minimum per minute call charge was 50 paise & upwards.

You should be thank full to the government.

Nikhil
Nikhil

Thankful for so many job losses. And stress on the sector.

Kunal
Kunal

@ Nikhil – Don’t blame the government. We all will be paying increased prices due to void inefficiencies. They don’t have proper management . Still looks in sleep mode. They are now on the verge of extinct , due to their wrong doings. If Government does not help, then they will be over. No option left with government because , exit of voda from India will give a negative signal to international market & will hamper further foreign investments in India. Even for agr money . Avoid was so over confident about the cartel , that they did not make… Read more »

Girish Gowda | bengaLuru
Girish Gowda | bengaLuru

Literally half of the prices are the same as in 2012 and lower in some cases. Don’t be a dumb namazi.

Chhota Chetan
Chhota Chetan

Why xenophobic comments are allowed on TT? Is being a namazi a crime? How is it worse than being a pujari?

dragonmonk
dragonmonk

@chetan That guy is a religious fundamentalist and has been like this from the very beginning. I don’t understand why the likes of his and his comments are allowed here.

Kunal
Kunal

Monk @ why don’t you have objection with the words ‘ blind bhakts’ being used time & again on the forum.

Bhakts is related with Hindu religion. We are devotees & very much proud of our religion..

I feel to counter this bullshit –
Girish is well with in his rite to give it back.

.

Priyansh
Priyansh

Hey Monki, I hope you are done being offended.

Bhai lekin Mandir wahin Banayenge 😉 😛

Girish Gowda | bengaLuru
Girish Gowda | bengaLuru

Says the Chinese guy who used bhakth term for years now. Irony dies everytime chinamonk opens his mouth. You just accepted you’ve always been a fundamentalist.

dragonmonk
dragonmonk

@chetan Britishers have left India, but people like that guy still believe in divide-and-conquer… based on religion.

Girish Gowda | bengaLuru
Girish Gowda | bengaLuru

Chetan, pujari is not the equivalent of namazi. You know what its equivalent is. Use your brain.

Chhota Chetan
Chhota Chetan

Tell me Girish L. What’s the equivalent? Bhakt?

Girish Gowda | BengaLuru
Girish Gowda | BengaLuru

Chetan C: Blind Namazi spotted.

Chhota Chetan
Chhota Chetan

Right-O Girish L. I’m not surprised that’s all you could come up with.

Girish Gowda | bengaLuru
Girish Gowda | bengaLuru

No point in arguing with dumb namazis, Chetan C.

Chhota Chetan
Chhota Chetan

Yeah, very well. Girish L. Your intellect is overflowing here. Careful.

tri_vis
tri_vis

Politics ki bat karni he to aur koi forum me karo. Aur apni party banake strong opposition ho jao.

SPC
SPC

Exactly! Unless the current govt is thrown out of power along with their super corrupt leaders nothing good gonna happen to the country. They will be dragging the country down all the way to the gutters with all the riches in their hands. God save us.

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