Steep tariff hikes by Jio and Airtel are unwarranted - take steps for the immediate launching of BSNL’s 4G and 5G services - BSNLEU writes to the Hon’ble Minister of Communications..

Jio and Airtel have hiked their tariffs. Jio has hiked its tariffs from 12% to 25%. Airtel has hiked its tariffs from 11% to 21%. Media has reported that this tariff hike will generate an additional profit of Rs.20,000 crore for these companies.  In 2023-24, Jio has earned Rs.20,607 crore net profit and Airtel has earned Rs.7,467 crore net profit. As such, steep tariff hikes by Jio and Airtel are unwarranted. The people in the lower income group, especially the working masses, will be hit hard by this tariff increase. Unfortunately, BSNL is unable to compete with Jio and Airtel, since it is not having 4G and 5G services. This situation has emboldened Jio and Airtel to raise their tariffs steeply. Hence, BSNLEU has written letter to Shri Jyotiraditya Scindia, Hon’ble Minister of Communications, requesting to take urgent steps for the immediate launching of BSNL‘s 4G and 5G services.