look news india
Amidst rising inflation, now people may have to face another inflation. The inflation rate was announced only yesterday. In which the retail inflation rate declined slightly to 4.83 percent as compared to 4.85 percent in March, but food inflation increased to 7.87 percent in April as compared to 7.68 percent in March. Then another information has come to light which can lighten people's pockets. After the completion of the ongoing Lok Sabha elections in the country, your mobile phone bill may increase by up to 25 percent. Voting is taking place in seven phases in the country. The last phase of voting is on June 1. The result will be declared on June 4. This will be the fourth time in recent years that telecom companies will increase tariff rates to increase profits.
According to experts, there is a possibility of a significant increase in tariff by 25 percent by telecom companies. So that a proper environment of competition can be maintained. Also, after huge investment in 5G and continuous support from the government, now telecom companies need to improve profits. This connection rate may be high, but it should be affordable for both rural and urban users, especially when data usage is high. With an increase of 25 per cent, total telecom expenditure of urban user households will increase from 3.2 per cent to 3.6 per cent, while expenditure for rural users will increase from 5.2 per cent to 5.9 per cent.
The 25 per cent increase in key rates will increase the average revenue per user (ARPU) for telecom operators by 16 per cent. With this increase, Bharti Airtel's ARPU is expected to increase by Rs 29 and Jio's ARPU by Rs 26.