Back to Career News

Tariffs rates to increase due to currently stressed telecom sector: Sunil Mittal

December 20, 2019

Tariffs rates to increase due to currently stressed telecom sector: Sunil Mittal

The telecom industry is facing a stressed phase and to revive from this situation, the tariffs rate is going to increase the average per user.

Sunil Mittal spoke to reporters after a meeting with finance minister saying, “Indian consumers have been enjoying very low rates for a while, and while they will continue enjoying it, we need to balance the industry’s need to invest and thus have funds to do so on one side and benefits of the consumer on the other”.

He stated that the average user should pay up to 300rs per month where the lower end users will pay up to 100rs per month and higher end users to 450-500 per month but this will help the users consume two to three times more data than anywhere in the world.

Recommended for you ...

Axis Bank and Mastercard Launch Premium Credit Card for Small Business Owners
Axis Bank and Mastercard Launch Premium Credit Card for Small Business Owners

September 26, 2024

Banks Report Over 15% Growth in New Credit Card Additions: RBI Data
Banks Report Over 15% Growth in New Credit Card Additions: RBI Data

September 26, 2024

National Company Law Tribunal (NCLT) Approves Merger of IDFC and IDFC First Bank
National Company Law Tribunal (NCLT) Approves Merger of IDFC and IDFC First Bank

September 25, 2024

Chat on WhatsApp