Vodafone Idea, earlier this week, announced a major price hikes for its services after the Supreme Court ruled the AGR decision in favour of the government. Immediately after this announcement, Airtel too announced a price hikes while Jio has dropped hints that they too would resort to this option in order to stay relevant.
Here in this article, we try to gauge the extent to which these prices would be increased:
As per a report from Deccan Herald, customers of Airtel, Jio and Vodafone Idea could well have to pay an extra 20 per cent on all recharge plans in the future. This report also says that various sources from the industry have confirmed that a price hike of up to 20 per cent is along expected lines.
How will the hike impact users?
“The telcoms are planning to hike the prices on an incremental basis – lower hikes for lower plans and higher hikes for higher plans,” says the report.
What this effectively means is that telecom operator are likely to go in with a uniform price hike across all price categories and the biggest brunt of the same would be felt by people who spend less than Rs 100 on phone bills currently.
As things stand right now, Jio, Airtel and Vodafone offer prepaid recharge plans from as low as Rs 50 and it extends all the way up to Rs 10,000. These plans include the monthly plans as well as the long-term annual plans. Hence, the aforementioned price hike will be applicable on the different data vouchers as well as account balance packs – these are prevalent in Airtel and Vodafone Idea customers.
If we take a look at Reliance Jio – they have already started charging its customers for outgoing calls to other networks owing to the fact that it was not able to bear the losses due to the Interconnect Usage Charges (IUC). After this announcement, Jio customers are paying 6 paise per minute for making calls to Airtel, Vodafone and BSNL numbers but Jio-to-Jio calls are still free.