Telecom major Jio hikes tariffs by 12-27 per cent for mobile services starting July 3

Telecom major Jio on Thursday announced an increase in tariff rates in the range of 12-27 per cent across plans, a day after the curtains were drawn on the spectrum auction which drew very few bids.

Analysts are now expecting Bharti Airtel and Vodafone Idea to follow suit as mobile mobile plans turn costly to consumers.

Jio is India’s largest telecom carrier by subscriber count, and Vodafone Idea and Bharti Airtel have not raised tariffs since 2021, according to Reuters.