Trust Jioand airtelare expected to announce their 5G tariffs in the coming days.
- The companies are expected to offer 5G services at an affordable price.
- Airtel’s 5G services have been launched in 8 cities, and
jiois expected to launch its services around Diwali.
India’s top telcos, Reliance Jio and Airtel, announced the launch of 5G services in India on Oct. 1 during the India Mobile Congress (IMC). While Airtel’s 5G services have already launched in eight cities, Mukesh Ambani-led Reliance Jio is expected to start its 5G services around Diwali.
If you are using a 5G smartphone and have an Airtel or Jio SIM card, one of the first things that comes to mind is what the cost of 5G is or how much you should pay for 5G.
Airtel and Jio are yet to announce 5G tariffs in the country. However, the telcos are expected to offer 5G initially at an affordable price.
Airtel 5G prices
According to an
report by Economic Times, Airtel is expected to announce 5G tariffs in the coming days. Still, it is expected to keep the price low as less than 10% of users own a 5G smartphone, and high prices could make adoption more difficult.
“Today, only 8-9% of phones are 5G ready. So whatever pricing you do for 5G, it won’t set the overall arc for the industry. There will be no return on higher rates if the number of devices remains low. ” Say you take a 13% rate increase and the withdrawal is really low, the revenue is still zero, right?” an executive familiar with the matter told ET.
The director also mentioned the need to increase the average revenue per user (ARPU), which can only be achieved through a rate increase. Reliance Jio, Airtel and Vodafone Idea have increased rates by 25% in November 2021.
If a rate increase is announced, all three telcos will likely be announced at once.
“That has to increase, but it’s a competitive industry. So we can’t do it (only by ourselves). Suppose we do it, and others don’t follow, then we will lose. So we have to wait and see and see when the timing good,” the director added.
So while we expect initial prices to be low, the telcos may increase prices once the services launch nationwide.
Reliance Jio 5G Pricing
Like Airtel, Jio has yet to announce its 5G tariffs. However, a manager in an interaction with
ET confirmed that his plans would be affordable.
“We will always remain affordable. This is Jio’s lifelong stand and will bring more value to customers,” a Jio executive told ET.
The executive added that customers will not need to buy a new SIM card to use its 5G services.
“There is no need to purchase the service separately, and no SIM change is required for consumers, and providing an option automatically upgrades them to 5G,” the executive added.
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