Monday 2 December 2019

Bharti Airtel, Vodafone Idea and Reliance Jio hike prepaid tariff by up to 40%



The three telecommunication giants together account for over 90% of India’s 1.18 billion mobile subscribers, with the market share of around 30% each split evenly among them. 

The era of low tariffs for Indian consumers seems to have ended as major telcos — Vodafone Idea Limited (VIL), Bharti Airtel Limited and Reliance Jio — have hiked tariff by up to 40% for prepaid customers. 
While VIL, and Sunil Bharti Mittal-led Bharti Airtel have decided to hike the tariffs with effect from December 3, Mukesh Ambani’s Reliance Jio has decided to effect the hike from December 6. 

90% of market

The three telecommunication giants together account for over 90% of India’s 1.18 billion mobile subscribers, with the market share of around 30% each split evenly among them. 
“New plans will be available across India starting 00:00 hours of December 3, 2019,” a Vodafone Idea statement said. 
Bharti Airtel’s statement read: “Airtel’s new plans represent tariff increases in the range of a mere 50 paise/day to ₹2.85/day and offer generous data and calling benefits.”
Both Vodafone Idea and Bharti Airtel announced new prepaid plans starting with options of 2 days, 28 days, 84 days and 365 days validity and prices starting from ₹19 and going upto ₹2,399. Reliance Jio is yet to announce its new plans.

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