• JIO and Airtel are anticipated to raise mobile tariffs by a minimum of 20% in the September quarter of 2024.
• This strategic move is aimed at improving their RoCE (return on capital employed) amid significant investments in 5G technology and rising customer acquisition costs.
• The price hike is seen as a response to the launch of 5G services in India in October of the previous year.
• Beginning from the second half of 2024, these telecom operators may implement a 5-10% increase specifically for 5G services, according to the ET report.
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Editorial
JIO and Airtel Set to Increase Mobile Tariffs by 20% in Q3 2024, Focusing on 5G RoCE Enhancement
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Geopolitical Analyst & Editor
Kanika Sharma is a Geopolitical Analyst and Editor at BigBreakingWire. She holds a Master's degree in History from the Central University of Punjab, with an academic background in qualitative research, text analysis, and historical frameworks. At BigBreakingWire, she analyzes global trade shifts, international policies, geopolitical developments, semiconductor supply chains, manufacturing policies, and sovereign industrial initiatives. Her work combines historical context with contemporary policy and macroeconomic analysis to explain complex global developments clearly and accurately.
Last reviewed by Kanika Sharma on January 18, 2024
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