Jio, Airtel 5G pricing surge: Consumers to spend Rs 47,500 cr more annually

Consumer spending on telecom services, including taxes, is set to surge by around Rs 47,500 crore annually, spurred by substantial tariff hikes from India’s leading telcos and elevated rates for users embracing 5G services, reported The Economic Times (ET).

Reliance Jio and Bharti Airtel have taken decisive measures to effectively monetise 5G, significantly raising costs for consumers seeking premium next-generation mobile broadband. Jio users now face a 46 per cent increase in the minimum charge for accessing 5G, while Airtel users encounter a steeper 71 per cent hike, sources told ET.