Reliance Jio announces tariff hikes in pre-paid segment
Reliance Jio on Sunday announced tariff hikes in the pre-paid segment of up to 21 per cent, after rivals Bharti Airtel and Vodafone announced hikes last week. The revised structure will be effective from December 1.
Bharti Airtel had raised pre-paid rates by 20-25 per cent which came into effect from November 26. After this move by the Sunil Mittal-led company, Vodafone Idea jacked up pre-paid tariffs by 18-25 per cent.
The higher tariffs is expected to improve the average revenue per user (ARPU) of the three operators which will be reflected fully during the January-March 2022 quarter. The pre-paid segment accounts for a significant share of the wireless revenues.
During the second quarter ended September 30, Jio had reported ARPU of Rs 143.6 per subscriber.
In a press statement on Sunday, Jio claimed the new tariffs will provide the best plan in the industry.
It revised the entire stack of pre-paid tariffs from Rs 75-2,399 and also the data add-on plans.
The base plan of Rs 75 has been raised to Rs 91 and it will come with 3GB data per month and valid for 28 days.
Tariffs for the Rs 129 prepaid plan has been raised by Rs 26 to Rs 155 whereas the Rs 149 prepaid plan will now come at Rs 179-a Rs 30 hike.
On the other hand, the Rs 199 plan will be costlier by Rs 40 at Rs 239. At the other end, the Rs 1,299 plan (336 days validity) will be Rs 1,559, while the Rs 2,399 plan that comes with a validity of 365 days will now cost Rs 2,879.