Reliance Communications hikes mobile tariff rates by 20 percent
| by tech2 News Staff |
Reliance Communications has announced 20 percent hike in its mobile tariff rate. Moreover, the company has also cut down on its promotional and concessional offers by about 65 percent. The new tariff will be applicable to its existing as well as new customers with immediate effect. As a larger part of its customer base uses “Commitment Plans”, Reliance Communications is expected to hike these plans by 20 to 30 percent. With this move, Reliance aims at bringing in greater RPMs and profitability.
Take a look at the table below to view the changes in tariff:
“Our headline tariff increase from 1.2 to 1.5 paisa per second in October last year did not see any traffic elasticity and there has been no fall in customer demand or change in usage patterns, as we successfully migrated our entire base to the Headline Tariff. With the Indian telecom industry now heading for a phase of consolidation, with smaller operators shutting down or scaling down their operations and easing off hyper-competitive pressures, this will help pricing power move back to serious, long-term and pan-India scale operators and positively impact profitability. We have now corrected all Commitment Plans across the country and have increased tariffs by between 20 per cent and 30 per cent,” said Gurdeep Singh, Chief Executive Officer, Wireless, Reliance Communications.
13 Dec, 2013, 09:53 AM
10 Dec, 2013, 10:17 AM
05 Dec, 2013, 03:35 PM
Here's a closer look at the attractively-priced Moto G's specs.
HTC’s One Max is the company’s answer to Samsung’s Galaxy Note 3 and
Let's put the Nexus 5's camera to the test against some of its...
Fri Dec 13, 15:06:15
Fri Dec 13, 14:54:53
Fri Dec 13, 14:40:22