1. India's major telecom players expected to hike tariffs by 12-15% in coming months

India's major telecom players expected to hike tariffs by 12-15% in coming months

India

  • Indian telecom operators may raise tariffs by 12–15% in the coming months, according to a sector report.
  • Reliance Jio, Bharti Airtel and Vodafone Idea are expected to benefit from higher average revenue per user after the hike.
  • The report says tariff increases are becoming easier as India’s telecom market has consolidated to only a few major players.
  • Higher tariffs could push mobile recharge and postpaid bills up for consumers, while helping operators improve revenue growth.

Source: economictimes.indiatimes.com

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