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Reliance Jio, India’s largest telecom operator, announced a hike in mobile service tariffs ranging from 12% to 25%, effective July 3rd, 2024. This marks the first increase in Jio plans in over two and a half years.
- Jio hikes prepaid and postpaid plan prices by 12-25%.
- The increase comes after Jio acquired an additional spectrum.
- Experts predict further hikes from Airtel and Vodafone Idea.
- This is the first tariff hike since December 2021.
This move will improve the financial health of the sector, allowing for investments in 5G infrastructure and better services. Analysts anticipate similar hikes from Bharti Airtel and Vodafone Idea in the coming months.
Revised Plans
| Validity (Days) | Existing Plan (₹) | New Plan (₹) | Benefits(Unlimited voice &SMS plans) |
|---|---|---|---|
| 28 | 155 | 189 | 2 GB |
| 28 | 209 | 249 | 1 GB/Day |
| 28 | 239 | 299 | 1.5 GB/Day |
| 28 | 299 | 349 | 2 GB/Day |
| 28 | 349 | 399 | 2.5 GB/Day |
| 28 | 399 | 449 | 3 GB/Day |
| 28 | 479 | 579 | 1.5 GB/Day |
| 56 | 533 | 629 | 2 GB/Day |
| 84 | 395 | 479 | 6 GB |
| 84 | 666 | 799 | 1.5 GB/Day |
| 84 | 719 | 859 | 2 GB/Day |
| 84 | 999 | 1,199 | 3 GB/Day |
| 336 | 1,559 | 1,899 | 24 GB |
| Annually | 2,999 | 3,599 | 2.5 GB/Day |
Reasons for the Hike
- Unsustainable tariffs due to high data consumption and potential misuse.
- Rising operational costs due to inflation.
- Need for investments in 5G technology.
Consumers can expect to pay 20-25% more for their mobile plans within the next year. However, experts believe the market will adjust to these changes.
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