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Airtel and Jio to withdraw unlimited 5G plans in the second half of 2024 | Technology News
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Airtel and Jio currently offer unlimited 5G data on select recharge plans. According to the latest report from the Economic Times, both telcos might discontinue unlimited 5G plans in the second half of 2024 and are also reported to hike the tariff by at least five to ten per cent.
According to analysts, both companies are now looking into increasing monetisation and revenue growth by hiking the tariff. Airtel and Jio are currently reported to be considering enhancing RoCE (return on capital employed) by at least 20 per cent to recover the higher cost of higher customer acquisition and 5G investments.
Right now, there are no standalone 5G plans offered by either of the companies, which will soon change. These plans are expected to be on the expensive side when compared to the 4G counterparts, and these plans are also expected to offer a higher data cap with over 30 to 40 per cent more data.
Airtel currently has a monthly average revenue per user (ARPU) of Rs 200 and the company is said to be considering increasing it to Rs 250. There has also been steady growth in the 5G userbase with over 125 million 5G in the country, and both telcos are expected to grow the 5G userbase to around 200 million.
Similarly, Vi is also expected to launch 5G in at least some circles, and as of now, there is no information on the launch of the 5G network by the state-owned BSNL, which recently started rolling out a 4G network in most markets.
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