Telcos up rates by 40-50% | Panchnama Full

Three private telecom players- Vodafone Idea, Bharti Airtel and Jio - on Sunday announced pre-paid tariff plans with about 40-50 per cent higher rates.

The hike comes after three years and amid the acute financial stress the sector is going through after a Supreme Court ruling on adjusted gross revenue. The hikes, however, come with enhanced data and other benefits.

A major hike is witnessed in Airtel's Rs 998 plan with 336-day validity, unlimited calling, 3,600 SMSs and 12GB data. It would be replaced by a Rs 1,498 plan, marking 50 per cent rise, with 24GB data and 365-day validity.