Tag: jio won't

Jio won’t raise tariff as telcos plan price hike
Business

Jio won’t raise tariff as telcos plan price hike

NEW DELHI: Signalling an aggressive competitive position in the telecom industry, Reliance Jio has said that it will not raise consumer tariffs, even on 5G. The company will continue with its position of "affordable accessibility" to target over 240 million Airtel, Vodafone Idea, and BSNL/MTNL subscribers, who still use 2G networks.Mathew Oommen, president of Jio, said that the company does not intend to raise tariffs dramatically, but will rather focus on customer acquisition as people migrate to internet-heavy, data plans."This is the vision of Reliance Industries chairmanMukesh Ambani, and Jio chairman Akash Ambani too." "As an industry, we owe this to get inclusiveness. More than 200 million-plus mobile consumers still do not have the right experience with 2G, and the onus is on the i...