Reliance Jio to raise prices in few weeks; says to compete on quality

Reliance Jio Infocomm said on Tuesday that it would raise tariffs in the “next few weeks” and take other steps that the regulator would recommend to strengthen the industry and sustain investments.

Citing media reports, the company said Telecom Regulatory Authority of India (Trai) was likely to start a consultation process for revision of tariffs. “Like other operators, we will also work with the government and comply with the regulatory regime to strengthen the industry to benefit Indian consumers and take measures including appropriate increase in tariffs in next few weeks in a manner that does not adversely impact data consumption or growth in digital adoption and sustains investments,” the Mukesh Ambani-owned telco said.