Consumer spending on telecom services in India is poised to rise by approximately Rs 47,500 crore annually following substantial tariff hikes by leading operators like Reliance Jio and Bharti Airtel, as reported by The Economic Times. Both companies have significantly increased entry-level prices for 5G adoption, with Jio and Airtel raising minimum charges by 46% and 71% respectively. Analysts anticipate these moves will boost Average Revenue Per User (ARPU) by 15-17% for Jio and up to 25% for Airtel, fostering a shift towards higher-tier data plans.
India’s Telecom Sector Faces Surge in Consumer Spending Amid 5G Rollout
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