Airtel, India's prominent telecom giant, is on the brink of upping its tariff plans – a move set to impact countless customers. This revelation came straight from Airtel's Chairman Sunil Mittal during a recent interview. He hinted at imminent telecom rate hikes in India.
While Mittal didn't specify an exact date for the expected increase, market analysis by My Smart Price suggests we could see these changes post-July.
The telecom company's ambition is to boost the Average Revenue Per User (ARPU) from INR 208 to an ambitious INR 300 crore in the coming months, as it continues to expand its 5G service coverage.
2021: No significant price changes since December.
The cycle of hiking tariffs every 2-3 years commenced with the introduction of 4G in India.
Current Players: Jio, Airtel, Vi lead the market, with BSNL in all but four cities where MTNL operates.
The cycle of hiking tariffs every 2-3 years commenced with the introduction of 4G in India.
This sparks the question - could Jio and Vi be next in line for a price revamp? Typically, when one company elevates their plan rates, others follow suit. However, no official statements have been made by the companies as of now.
