Telecom company Vodafone Idea Limited said that the industry needs to increase mobile tariffs at regular intervals. The company says that the tariffs are still very low and the hike will help it get the right results and invest in the future.
Vodafone Idea Limited said that the industry needs to increase mobile tariffs at regular intervals.
telecom company Vodafone Idea Ltd. said that the industry needs to increase the mobile tariff at regular intervals. The company says that the tariffs are still very low and the hike will help it get the right results and invest in the future. The Aditya Birla Group and Vodafone Group joint venture said that the revenue per user is lower than historical trends. The company got a new life after the government gave a relief package to the sector last year.
Last year also the recharge price was increased
All three private telecom operators – Reliance Jio, Bharti Airtel and Vodafone-Idea Limited (VIL) have increased charges for data in the last year. Average Revenue Per User (ARPU) of these companies has also increased. VIL, in its latest annual report, has said that the industry is still operating at unsurprisingly low tariffs.
The company further said that India still has the lowest tariff globally, while India is among the countries with the highest data usage (per subscriber) in the world due to unlimited data packs. VIL said that thus the company believes that the industry will have to increase tariffs at regular intervals, which is necessary for the operators to get a fair return on their capital and to support future investments including new technologies.
VIL had 2438 million customers as of 31 March 2022, of which 1181 million were 4G users.
How much will 5G cost?
At the same time, let us tell you that the preparations for bringing 5G in the country for high speed internet have started in full swing. Telecom companies have also deposited advance with the government to buy spectrum. As the wait for 5G to arrive is getting shorter. By the way, this question is also arising in the minds of people that how much they will have to loose their pockets for 5G.
According to analysts of the telecom sector, telecom companies will initially keep the price of 5G slightly higher. Analysts believe that 5G plans will cost 10 to 20 percent more than 4G services. This will happen because companies want to bring growth in the user ie ARPU on average revenue.
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