Will increase tariffs in next few weeks in compliance with rules: Jio

Will increase tariffs in next few weeks in compliance with rules: Jio
x
Highlights

Bharti Airtel and Vodafone Idea also made similar announcements on tariff hike recently

New Delhi: Billionaire Mukesh Ambani's Reliance Jio on Tuesday said it will increase mobile phone call and data charges in the next few weeks in compliance with rules, as it followed similar announcements by Bharti Airtel and Vodafone Idea on tariff hike.

Jio, which had stormed the telecom sector with free voice calls and dirt cheap data, had for the first time last month decided to charge phone calls by its users to rival phone networks to compensate for interconnect usage charges.

In a statement on Tuesday, Jio said that the telecom regulator TRAI is likely to initiate consultation process for revision in telecom tariffs.

The company underlined its commitment to bringing the 40 crore 2G customers to experience and participate fully in the Digital India eco-system, and pledged its full support to providing the best quality and experience to all its customers.

"Like other operators, we will also work with the government and comply with the regulatory regime to strengthen the industry to benefit Indian consumers and take measures including appropriate increase in tariffs in next few weeks in a manner that does not adversely impact data consumption or growth in digital adoption, and sustains investments," Jio said.

The company did not divulge the extent of price hike in the offing. "Despite the staggering growth in data-consumption and 4G coverage across the country, there are still over 40 crore Indian consumers who have not benefitted from the advent of the latest technologies.

We believe that the ambitious objectives of the 'Digital India' mission can be achieved only if India is made `2G-mukt' in the shortest time-frame possible," Jio said.

The government and the sector regulator TRAI should mandate this through policy, it added.

"This requires continued investment at an industry level. The whole industry needs to come up the curve and raise standards to meet the aspirations of Indian citizens and fulfill the nation's digital agenda," the statement added.

The operator - known for its aggressive stance on pricing since it launched services in 2016 - said it is committed to bringing the 40 crore 2G customers to experience and participate fully in the Digital India eco-system.

The company said it will continuously innovate in the digital eco-system to provide affordable services and products to Indian consumers.

"Jio is committed to always being regulatory compliant, and work with the industry to keep the telecom sector a vibrant part of the Indian economy and a vital engine for our country's growth," it said.

Jio said that as a technology disruptor and force multiplier, it acutely understands the transformative role telecom and digital services are playing for the Indian economy and society today.

Show Full Article
Print Article
Next Story
More Stories
ADVERTISEMENT