2024-08-14 06:42:43
It is said that when competition increases, the customer benefits. However, this era of competition had almost disappeared in the last few years, due to which two telecom companies Jio and Airtel dominated the country. However, now BSNL has announced the rollout of 5G service along with launching 4G service. In such a situation, the atmosphere of competition is coming back in the telecom world, which will directly benefit mobile users, because after BSNL, Vi has also hinted at 5G service. Along with this, it has been announced that the price of Vi’s 4G service will be kept lower than Reliance Jio and Vodafone-Idea.
Vi will start 5G service soon
Vi has made a strong plan to compete with Jio and Airtel, so that maximum number of users can be added with Vodafone-Idea. For this, the company has made a big announcement. Vodafone Idea (Vi) CEO Akshay Mundra has indicated that the company can keep the initial prices of 5G lower than its biggest competitors Reliance Jio and Bharti Airtel. It is clear that the relief of Jio and Airtel in 5G is not going to be easy. Because along with Vi, government telecom company BSNL is going to launch its 5G service.
How much will Vi 5G cost?
Mundra said during Vi’s first quarter report on Tuesday that the price of the 5G plan has not been decided yet. He announced that the company will decide on the prices of the recharge plan closer to the launch. According to Mundra, we are starting with 5G network, which is currently in its initial phase, so you cannot take a final decision on the prices like this, although it has to be considered.
There is no plan to earn money from 5G in the beginning
When Akshay Mundra was asked by an expert on 5G pricing, how will Vi make money from 5G? And will it increase the initial 5G prices like Jio and Airtel. Because both the companies have increased the initial 5G prices significantly to increase the average revenue per user (ARPU). Akshay Mundra has told that the company can start 5G service at a lower price than Jio and Bharti Airtel. This is because Vi will be new in this sector.
Work started on 5G
Vi has started the process of purchasing equipment for 5G network and plans to start delivering the equipment from October. However, wherever the company has installed equipment of Chinese companies, it may need to install new equipment because Chinese equipment has been banned in India. Let us tell you that Vi has recently increased its tariff, which may give some relief to the company. But the company says that there is still a need to increase the tariff further. The number of Vi customers is decreasing, but the company believes that customers who are looking for a good network can join Vi again.
Vi’s new plan
Vi has recently raised Rs 24,000 crore and is now trying to get a loan of Rs 25,000 crore and other facilities of Rs 10,000 crore. This money will be used to improve the 4G network and start 5G network in the next three years. However, the company said that how much money it will invest in 5G will depend on how the market is and how fast people switch from 4G to 5G. Vi has suffered a loss of Rs 6,434.4 crore in the last quarter, but it is less than the previous quarter. There has been no change in the company’s average revenue per customer (ARPU), but the effect of the recently increased tariff will be visible from the next quarter.
Why did the company plan to keep the price low?
Actually, 5G service is being launched in India by Jio and Airtel about a year ago. Since then, both companies are offering unlimited 5G service for free. In such a situation, more mobile users are associated with Jio and Airtel. However, the environment has changed after the recharge plans became expensive. This is the reason why 5G service was announced by Vi at a low price. This is expected to help in stopping users from leaving Vi.