The recent increase in Reliance Jio tariffs will increase its average revenue per user by up to 20 % and is a positive for the telecom sector which is seeing rapid consolidation, says a Philip Capital report. "The company by reducing validity on the most popular Rs 399 plan to 70 days from 84 days will result in effective ARPU increase by 20 %. The earlier Rs 399 plan with 84 days validity is now available for Rs 459 entailing a 15 % ARPU increase. Thus effective ARPU will rise by 15-20 % for Jio subscribers on the most popular plans," the Philip Capital report said. Idea Cellular and Reliance Communications first time reported consolidated loss mainly on account of free services launched by Jio.

Source: dna October 23, 2017 13:41 UTC