“Airtel and Reliance Jio together have more than 125 million people using 5G services right now.”
Back in October 2022, 5G services kicked off in India. Leading the charge were Reliance Jio and Airtel, the country’s top telecom players, delighting more than 125 million subscribers with 5G. Initially, they gave us unlimited 5G data at the same rates as 4G plans. But the latest buzz from experts hints at a change – the companies might soon end the unlimited 5G deal and might tweak the 5G plan costs compared to the current 4G prices.
According to a report by Economic Times, experts predict that Reliance Jio and Bharti Airtel might stop offering unlimited 5G data plans. Instead, they could charge around 5-10% more for 5G services than what they charge for 4G. This change is expected to happen in the latter part of 2024, aiming to boost earnings and revenue growth.
Airtel and Reliance Jio have been offering 5G services at 4G prices, along with unlimited data plans, to encourage their current users to switch to the faster wireless internet. However, this might not last much longer. As Jio and Airtel get ready to launch 5G across India and more people start using it, they might start charging for these services. Experts believe that over 200 million people in India will be using 5G by the end of 2024.
Experts think that Airtel and Reliance Jio might raise phone bills by about 20% in September 2024. They aim to make more money from their investments in 5G and covering the costs of getting new customers.
Airtel and Reliance Jio might make their 5G plans a bit pricier, about 5-10% more than 4G plans. But here’s the good part – they could give you 30-40% extra data to encourage you to use more! This move could help them get more customers, especially because Vodafone Idea (Vi), another big telecom company, hasn’t started 5G services in the country yet.
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