Vodafone Idea, Airtel have room to hike tariffs if Jio raises rates: Analysts

KOLKATA: Bharti Airtel and Vodafone Idea have the bandwidth to raise tariffs by as much as 30% over the next three months if Reliance Jio Infocomm also raises rates in coming weeks, said analysts, adding that this could mark a material turning point in kicking off pricing recovery in the telecom sector.

“A potential, upcoming 15% price increase” by Jio on the back of its previous 15% price rise —courtesy, its recent move to charge for outbound calls to other networks — gives “Airtel and Vodafone Idea the headroom to increase prices by an average 30%,” Credit Suisse said in a note.