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SMS: This, analysts said, will help telcos drive growth to some extent while the industry waits for the next round of headline tariff hikes, which are unlikely before the general elections slated for the middle of 2024.
The rate hike is for domestic clients (like Indian banks, domestic ecommerce platforms, etc.) only. International clients (whose messages originate in foreign servers) like Amazon, Google, etc., are charged around $0.05 per message. Estimates put the volume of commercial messages in country at about 42 billion a month, or around 500 billion a year.
The Chandigarh administration on Friday notified a hike ranging from 4% to 6% for both four-wheelers and two-wheelers purchased from the city, making vehicle registration in the city more expensive