Tariffs to fall by 10-15% after Jio launch: Fitch
The start of Reliance Jio's 4G services will prompt incumbent operators to lower tariffs to retain customers, and industry blended tariff could fall by 10-15% in 2017, US-based Fitch Ratings said. Competition will lead to lower tariffs while costs will rise amid higher data consumption, it added. Notably, Jio is offering customers free voice calls and data till December 31.