New Delhi . Mobile users may get a big shock. According to a report, companies (Telecom Companies) can make their plans expensive by 10 to 12 % by the end of this year. Industry executives and analysts said that the number of active users in May and the increase in net users for five consecutive months has increased the hunger of telecom companies. Given the increase in the userbase, companies can once again do tariff hikes. However, he warned that in July 2024, the base plan prices were increased to 11-23%. In such a situation, any other tariff hike’s decision can prove to be wrong.
Data to be offered can be huge shortage
Analists say that tier pricing may also be introduced in the next round, which may drastically reduce the data offered to buy more data packs. The record surge of 29 months was seen in May, with 7.4 million active users to about 1.08 billion. This was the fifth consecutive month of increase in Net User Admission. Market leader Reliance Jio Infocomm added 5.5 million active active in May, leading to its active user base to 150 bps to 53%. Bharti Airtel made a month with 1.3 million active users couples and 36% stake of active users.
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Airtel and Jio benefit in market share
An industry executive told ET on the condition of anonymity, “The recent record speed of active users in May is not only due to the General Except for the last tariff increase. Actually, the reason for this is that the secondary SIM system associated with the requirement is back. The executive said that tariff-centric consolidation is now left behind and in future active users will depend on 5G expansion and its adoption.
According to brokerage Jefferies, strong subscriber growth by top operators like Jio creates an necessary environment for tariff hikes in the future. Brokerage Jefferies also said that Airtel and Jio can benefit in the market share from Vodafone Idea’s frequent subscriber losses, which will make it easier for both telecom companies to increase monitization through tariff adjustments.
Prices may increase for middle and upper band users
Analists say that due to a sharp increase in the prices of basic plans, the user base is already facing a lot of stress. He said that targeting the future increase in mid and upper-level plans will promote consolidation rather than a decrease in the number of users.
