Jio Tariff Hike: 12.5-25% Range, 5G & New Plans Updates | Airtel & Voda Idea To Follow? | ET Now
Move on then and Reliance on Geo has made the first move and gone ahead with hiked tariffs in the 12.5 to 25% range. Additionally, it has launched new plans that will be effective from the 3rd of July. Let's go across to Samir for more details on what the pricing now will look like. Sami, take it away. Well, Reliance Jio has taken the first move and hiked the telecom tariffs. The tariff hike has been in the range of around 12.5 to 25 odd percent. But unlike previous two instances of tariff hikes, this time even postpaid tariffs have been high. In the range of around one 2.5 to 17 odd percent. Now sorry, in the prepaid side, if you see the most popular or the most used segment of around 239 and ₹299, these are the two tariffs which is most popular in prepaid plans. Here the tariff hike has been around 17 to 25%. Also, 5G data which was earlier available for free to all will now be available only to those customers who have a 2GB per day plan or more going forward, which means that 5G plans are now starting at around ₹349 as against ₹155. Earlier, so this is we are seeing some kind of monetization when it comes to 5G tariffs as well. Now going forward. However, on the negative side, there has been no hike in the geophone plans. Nearly 1/4 of the subscriber base is a Geophone plans and nearly 10 to 11% of their revenue comes in from Jio phone plans. So that is one negative that has come in. And also going forward, analysts are expecting that given the fact that the hike is on the higher side, there could be some down trading or shutdown of second Sims that are present in a Reliance Jio currently. What will be the financial impact of this tariff hike? The net RPO increase could be anywhere in the range of around 15 to 18%. Obviously this won't happen just in 1/4 and it will be spread out throughout over the next two to three quarters. But that is the net ARPA increase. That is what the analysts are expecting and this terrify could boost a Geos EBITDA quarterly EBITDA by around 19 odd percent. And for Reliance Industries quarterly EBITDA could be higher by around 6 odd percent over a period of time on the back of this tariff hike. So that's about the Telecom Tariff Summit. But while you're with us, if you like this video, then like, share and subscribe to ET Now.