Reliance Jio, Bharti Airtel Raise Tariffs Days After Purchasing Costly Radiowaves

Bharti Airtel and Reliance Jio have hiked the tariffs of their plans, both in a span of 24 hours. Two of India’s biggest telecom carriers have made a significant price hike which impacts the cost-sensitive market. Reliance Jio and Airtel have increased the prices of their plans by up to ₹600. The new hike impacts pre-paid plans as well as post-paid and data add-on plans. The new plans will come into effect from July 3. Bharti Airtel raised mobile tariffs across plans by 11-21%, while Reliance Jio hiked tariffs by 12-27%. The tariff hikes follow both telcos investing hundreds of crores in buying 5G spectrum from the government.