Vodafone Idea Confirms Tariff Hike in December As Pressure Mounts on Telco

The news about the acute pressure on the telecom industry is making waves on the internet. The worst-hit company among all has been Vodafone Idea. There has also been pressure from the UK based Vodafone Plc about the financial situation of the company and the Indian telecom industry. In the wake of all these new developments, Vodafone Idea has announced that it will be raising its tariffs starting December 1. This is a major announcement from the telecom operator, which means that the subscribers of Vodafone Idea will have to pay more than what they are paying right now. Not only this but in an industry which is immersed in some massive competition, this is likely to affect Vodafone Idea in other ways as well. It is worth noting that after the introduction of the minimum recharge plans to correct the ARPU and to push it upwards, Vodafone Idea has been continuously losing subscribers.

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VIL Announces Raise in Tariffs In Two Weeks

Vodafone Idea, in its latest press release, has noted, “Building on its largest spectrum footprint and by accelerating its network integration, VIL is speedily expanding both its coverage and capacity and is well on track to offer 4G services to 1 billion Indian citizens by March 2020. Mobile data charges in India are by far the cheapest in the world, even as the demand for mobile data services continue to grow rapidly. The acute financial stress in the telecom sector has been acknowledged by all stakeholders and a high-level Committee of Secretaries (CoS) headed by the Cabinet Secretary is looking into providing appropriate relief. To ensure that its customers continue to enjoy world-class digital experiences, Vodafone Idea will suitably increase the prices of its tariffs effective 1 December 2019.”