>>Analysts believe that round of free incoming calls may end
>>Customers will have to pay six paise per minute for calling other networks
>>Jio to announce new tariff on December 6, hope for relief
Mobile service provider companies have introduced new tariff rates, which will increase customer spending by one and a half times. Companies have dealt the biggest blow to incoming calls, where customers will be charged six paise per minute for calling on other networks under the Fair Usage Policy (FUP). Analysts say this is just the beginning and that the free incoming call round could end completely in the coming two-three quarters.
SBI Capital Securities chief researcher Rajiv Sharma said that earlier Jio started charging six paise per minute under IUC charge on calls on other networks and now Vodafone Idea and Airtel have also put FUP. He said that voice call prices are back again completely. It cannot go down to zero at the moment, as companies use FUP and off-net for this. It is possible that telecom companies will start charging calling charges on their network in the next 6-9 months and the round of free incoming calls is over.
Jio customers can be in profit
Telecom experts say that when Jio announces its new tariff on December 6, it can provide more relief to customers than its rival companies. The company had earlier also said that we will give a 20 percent cheaper tariff than other companies, while the services will continue to increase by 300 percent.
Apart from this, Jio not only has the largest number of customers, but 90 percent of its customers are prepaid so that the company can earn huge profits by increasing the lower fees. At the same time, about 30 percent of the total customers of Voda Idea and Airtel are postpaid and the company has not increased this segment.
Shares went up, 33 thousand crore capital increased
The shares of telecom companies reached a one-year high on Monday after the tariff announcement. Voda Idea, Airtel and Jio jointly added 33 thousand crore capital. Voda Idea shares rose 7.79 percent on the BSE and the company's capitalization increased by Rs 2,700 crore. Similarly, Airtel shares rose 3.67 percent and the company got a capitalization of Rs 8,300 crore. Reliance Jio saw a 2.28 percent jump, increasing the company's market capitalization to Rs 22,000 crore.
Relief of buried area from the burden of dues: Moodies
Moody's, a global investment advisor, has said that increasing tariffs of telecom companies will provide a big relief to the outstanding and debt-ridden sector. Moody's said, the new tariff plan will help Airtel to increase average earnings per consumer (ARPU) and may increase 10 percent to Rs 128 per consumer, which will give the company an additional profit of $ 500 million annually. Similarly, the earnings of other companies will also increase, but under the order of the Supreme Court, the debt burden will increase if these companies had to pay the outstanding spectrum soon.
Rajasthan Tourism App - Welcomes to the land of Sun, Sand and adventures