Categories: Business

phone call and internet services may be expensive in a year and a half. Phone calls, Internet rates can be expensive in a year and a half: EY

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phone call and internet services may be expensive in a year and a half. Representation Image

New Delhi. Due to the current structure of the telecom sector not being profitable, the rates of all services including phone calls and internet can be increased twice in the next one and a half years. EY has predicted this. EY's Leader (Emerging Markets Technology, Media & Entertainment & Telecom) Prashant Singhal said the immediate increase in rates does not seem appropriate right now. This can be done in two rounds in the next 12 to 18 months and the first increase can be done in the next six months.

He said, "The increase in rates is inevitable. Telecom spending for consumers is fairly low and rates can be increased in the next six months. I am not saying that it will happen, but the sooner the better, the better. "He said," Companies will also have to think about the economic situation and economy, but to ensure that they stay in the market for 12 to 18 months. Rates can be increased twice in a year and the first increase may happen in the next six months.

Singhal said that it is through regulatory intervention or whether the telecom industry itself does this, it remains to be seen, but it is clear that the financial position of telecom companies is making the tariff hike inevitable. It is noteworthy that in December last year, telecom companies have increased the rates of services like call, internet etc. (input language)

This post was published on July 5, 2020 8:36 pm

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