It maintained that the revision in plans will start the process of ARPU (Average Revenue Per Unit) improvement and help address the financial stress faced by the industry.
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 […]
Mumbai: Investment management company Merrill Lynch on Wednesday said Jio may continue its growth momentum as it remains the cheapest offering despite charging 6p for off-net calls. Merrill Lynch expects the subscriber momentum to slowdown in FY21-22 but expect average revenue per use (ARPU) improvement on back of tariff hike. “We believe its value proposition […]