New Delhi:
Reliance jio of billionaire Mukesh Ambani said on Tuesday that it would increase the cost of mobile phone calls and data in the coming weeks. The announcement came the day after Bharti Airtel and Vodafone idea Ltd announced that they would increase Qualcomm's telephone and data charges from next month.
Jio said that the telecommunications regulator trai may initiate a negotiation process to revise telecommunications rates.
Reliance jio said in a statement that it would increase tariffs "appropriately", which "will not adversely affect the growth of data consumption or digital adoption and maintain investment".
Jio said that the telecommunications regulator trai may initiate a negotiation process to revise telecommunications rates.
Reliance jio said in a statement that it would increase tariffs "appropriately", which "will not adversely affect the growth of data consumption or digital adoption and maintain investment".
"Like other operators, we will also work with the government to comply with the regulatory system to strengthen the industry and benefit Indian consumers, and take measures, including appropriately raising tariffs in the coming weeks, so as not to adversely affect the use or growth of data. And maintain investment in digital adoption. " Jio said.
Bharti Airtel and Vodafone idea Ltd have announced plans to raise customers' tariffs from December 1.
Both companies reported huge losses in the quarter ending September 2019, with a total loss of Rs. 740 billion for telecom companies.
Bharti Airtel and Vodafone idea Ltd have announced plans to raise customers' tariffs from December 1.
Both companies reported huge losses in the quarter ending September 2019, with a total loss of Rs. 740 billion for telecom companies.
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