Major telecom operators like Airtel and Jio are expected to raise tariff rates post 2024 Lok Sabha elections according to Antique Stock Broking. Analysts predict a 15 to 17 percent price hike in the telecom industry. Bharti Airtel could benefit the most with ARPU rising to ₹286 by FY 27.
Bharati Airtel and Reliance Jio are likely to withdraw their unlimited 5G data plans in the second half of 2024 and charge at least 5-10% extra than the current 4G tariff to boost revenue growth.
Amdocs will build a converged billing platform for the Sunil Mittal-led telco, which once implemented, will help Airtel Black customers create their own plan across multiple Airtel offerings, such as mobile, broadband and direct-to-home services. Airtel Black is the telco s premium offering that combines all accounts into a single Airtel plan.
Bharti Airtel, India s second largest telecom operator, plans to monetize its music streaming app, Wynk, by capitalizing on its creator economy, subscriptions, and advertising. The company aims to introduce interactivity to its digital concert feature, making it a compelling consumer 5G use case and driving data consumption.
Bharti Airtel's consolidated revenue from operations grew by 14.31 per cent to Rs 36,009 crore during the reported quarter from Rs 31,500.3 crore in the March 2022 quarter.