INSUBCONTINENT EXCLUSIVE:
networks till such time that the telecom regulator moves to a zero termination-charge regime, the company said after market on Wednesday
Jio users, however, will be compensated with free data of similar value.The move "seems like a big deal, insofar as the market has been
note.Reliance Jio stormed into the industry in 2016, and became the nation's top telecom operator after free calls and cheap data lured
millions of users and left rivals struggling under mounting debt
fees to rival operators since its launch, according to the statement
The regulator had planned to scrap these charges from January next year, but floated a fresh consultation paper to see if the date needed to
first has an outperform recommendation on Bharti Airtel, while Vodafone is the preferred play on the sector due to "the extreme, asymmetric
risk-reward."Edelweiss Securities"Reliance Jio's tariff hike is prima facie positive for the industry as it enables other operators to
raise tariffs too.Other operators may see a drop in calls terminating on their networks, but the tariff hike should be able to compensate
Market"Jio's majority subscriber base is on bundled plans and it is thus easier for it to charge for off-net calls which may not be the
product front to capitalize from Jio's price increase."Emkay Global Financial Services"Competition will follow suit with tariff hikes for
on the other hand, will witness an ARPU increase of 17 rupees following the move."Get Breaking news, live coverage, and Latest News from
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