Reliance Communications has announced the tariff increase in India by 20%, which will be applied to all existing and new customers with immediate effect.
Other new changes made by the company revealed that the tariffs for all Commitment Plans will go up by 20-30 percent for new and existing mobile users in India. The hike in Commitment Plan 21 has gone up from 1 paise per second to 1.2 paisa per second. Whereas the Commitment Plan 45 has increased to 1.2 paise per second from 1 paisa per second.
Gurdeep Singh, CEO, Wireless, Reliance Communications said, “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.”
As per a latest announcement, Reliance will also undergo reduction in promotional and concessional offers with its Commitment Plans.
