Impact of July's tariff hike by telcos almost over: Analysts
Business Standard|December 25, 2024
The impact of subscriber churn and SIM consolidation following the broad-based tariff hike by private telecom players in July may be over, and the market has largely absorbed the price hike, analysts said on Tuesday.
SUBHAYAN CHAKRABORTY
Impact of July's tariff hike by telcos almost over: Analysts

Meanwhile, market leader Reliance Jio's loss of customers for the fourth straight month in October, albeit at a slower pace, has been chalked to weeding out of inactive 4G users.

India's three largest private sector telecom operators, Reliance Jio, Bharti Airtel and Vodafone Idea, had raised tariffs in the first week of July this year. Since then, all three have seen major hits to their subscription numbers. In October, Jio lost 3.76 million users, while Bharti Airtel reversed 3 months of decline, and added 1.92 million users.

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