Reliance Jio IPO to be listed soon: Why a 12% tariff hike may be coming in 3-4 months? Experts explain reasons
New Delhi, Oct. 15 -- Amid growing buzz around Reliance Industries Limited-backed Jio Platforms' initial public offerings, telecom users can see a 12% tariff hike over the coming three to four months. The pricing environment has become favourable due to the presence of limited players in the industry. Hence another 12-15% tariff hike is expected over next three to four months, according to a Centrum report.
Reliance Jio would continue to gain in the subscriber market share at the expense of Vodafone Idea Limited, according to Centrum experts. Reliance Jio is likely to add 7 million subscribers on a sequential basis to 531 million. Its Average Revenue Per User (ARPU) may grow by 1% QoQ to Rs.216 per month. The growth will be led by 5G FWW...
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