Reportedly faced with almost no choice and amidst reports of government moving to set a floor price for voice and data, two hardest hit telcos Airtel and vodafone on monday announced their decision to raise tariffs from december 1. Meanwhile, reliance jio has reportedly not yet made up its mind and is watching the developments.
Furthermore according to BSNL sources, the PSU will examine the situation and react. Hence after remaining free on voice calls for three years, reliance jio, from october, started charging 6 paise a minute for making calls to any non-Jio number after TRAI floated a consultation paper on seeking deferral of the zero IUC regime citing non-symmetry traffic. Currently tariffs are under forbearance.
Moreover vodafone idea last week reported a consolidated loss of Rs 50,921 crore highest ever loss posted by any indian corporate for the second quarter ended september 30, on account of liability arising out of the supreme court order in the adjusted gross revenue case. Perhaps Airtel posted a record quarterly loss of Rs 23,045 crore.
Perhaps Airtel posted a record quarterly loss of Rs 23,045 crore. Currently tariffs are under forbearance and the central government have to decide whether to rise tariffs.
