Aug 23, 2017, 05.08 PM IST
Cheap blessings
Your mobile phone bills that has become lighter on the pocket over the past year is set to fall further. Over the past year, prices have fallen 25-32 per cent on average and 60-70 per cent for heavy data users, after Reliance Jio Infocomm entered the market with a free launch offer and ultra-cheap tariffs after the initial months.
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BCCL
Customers has the last laugh
The war for market share is weakening the finances of an industry sitting on a mountain of debt, but is unlikely to end soon. Rajan Mathews, the director-general of industry body Cellular Operators Association of India, expects the bloodbath to continue for at least another year.
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BCCL
Double digit drops
Due to new business models and aggressive tariff war, the monthly bills are expected to fall by another 30 per cent in the next year, Hemant Joshi, a partner at Deloitte Haskins & Sells LLP said. KPMG, another of the Big Four consulting companies, expects a double-digit drop in prices, on top of a 30-32 per cent fall it has factored in on the monthly bills in the past year.
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AFP
Bundled offers
Some of the popular packages come with price tags of Rs 250 to Rs 500 and validity ranging from 28 days to 84 days. Subscribers who use more than 8 GB of data a day fall in the heavy data user category and they are the highest gainers.
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Reuters
Cheaper data
The average data price per GB has dropped to Rs 50 a month from Rs 250 in 2016. Cheaper data is pushing up consumption — to around 1.3 billion GB in March 2017 from 200 million GB in June 2016 — reducing the impact on the companies’ financial performance.
Text inputs: Devina Sengupta
Text inputs: Devina Sengupta
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