Mobile bills may rise as Airtel hikes tariffs, others set to follow
Pankaj.Doval@timesgroup.com
23.11.2021
Your mobile bills are set to go up. Almost two years after telecom companies hiked tariffs across the board, a fresh set of revisions are around the corner. Airtel, one of India’s oldest mobile companies and its second-largest operator, was the first to announce a hike running up to as much as 25%. The revision covers almost all the pre-paid price packs offered by it.
While Airtel’s hike, which will take the minimum entry tariff to ₹99 from the present ₹79, will be effective November 26, it is expected that the other two top operators — Vodafone Idea and the biggest player, Reliance Jio — will make a similar move. The profitability of telcos is under strech and fresh investments are required for upcoming 5G space and spectrum auctions.
The revisions come within months of the government handing out a mega bailout-cum-relief package to the industry to provide financial strength and profitability to the players. They also come as the country prepares its transition to the next-gen 5G technology and new wave of technologies built around internet of things (IoT), augmented and virtual reality (AR/VR) and immersive visualisations and solutions.
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