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Now rarely the prices of the plans of mobile network companies to be decreased!

Tuesday - February 12, 2019 4:31 pm , Category : WTN SPECIAL
Telecom companies 'new planning' to stay in competition!
Telecom companies 'new planning' to stay in competition!

After the heavy losses due to Jio, now the telecom companies can increase the prices of data and calling

FEB 12 (WTN) - If you are thinking that due to the ongoing competition amid the telecom companies, the cost of data and calling will be even cheaper; then you are thinking wrong. As you know that since the entry of Reliance Jio in the market, the rates of data and calling in the country had come down from the sky to the earth, and due to Jio, there was the huge decline in the revenue of the rest of the telecom companies. After the entry of Jio in the telecom industry, two big companies of telecom sector, Airtel and Vodafone had to constantly cut prices of their plans.

Giving competition to Jio, both the companies Airtel and Vodafone had to suffer a lot. If we talk about the net profit, then 72 per cent fall in the Airtel's business recorded during this period. Last year, where the company had benefited 306 crore rupees, but in this year the company could get benefit of just Rs 86 crores. Vodafone Idea did not also get much profit during this time.

Amid this, telecom company Airtel believes that due to competition among the telecom companies over the long run, Airtel had to constantly reduce its plans and prices, but now the company is not going to reduce its plans and prices. And the company is no longer in this situation too. About this, Airtel says that the price of their plans is quite low, but they are not going to reduce it further.

The company believes that due to the entry of Jio, a big time of competition came in the telecom sector but that time has now come out. Now, in the coming time, the market will soon see improvement, after which the market will be halted and after this there will be an increase in the prices. Not only Airtel but also the rest of the other telecom companies believe that no other telecom company has scope of reducing the prices after passing the competition era to attract customers.

For your information, let you know that for the third quarter, Jio’s average revenue per user was 130, Airtel's 104 and Vodafone's 89. These figures clearly show how Jio had caused heavy losses to other telecom companies. To compete with Geo, telecom companies had to make a huge reduction in the prices of their plans, due to which the customers benefited a lot, but the telecom sector companies had to bear huge losses.

It is true that after coming of Reliance Jio in the market, the rest of the telecom companies had to suffer a lot. But now the telecom market is in stagnation and almost all the telecom companies have the same plans and now whose telecom company will give better serice, the customer will port their number in the same company.

Now it has to be seen which telecom company can give the best service delivery. That is, if you are now thinking about cheap plans in mobile phones, then it is the thinking of past, because now the telecom companies are not in a position to reduce the prices after heavy losses.

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