Latest – `#BoycottJio` trends on social media amid outrage over Indian telecom giants` price hike
The coordinated price increase by telecom giants Reliance Jio, Airtel, and Vodafone has triggered this `#BoycottJio` trend protest.
`BoycottJio` trends on social media amid outrage over Indian telecom giants` price hike
People are using social media platforms with the hashtag ‘boycott jio’ trend they are upset with the telecom giants, X, formerly known as twitter.
This protest has been brought about by a harmonized raise in prices by telecommunications behemoths namely; Reliance Jio, Bharti Airtel Ltd, and Vodafone idea Limited. The steep rise in data packs majorly limited the access of internet affecting both prepaid as well as postpaid users all across the world. These affect the price of its commodities, the variations ranging from an increase of 10 per cent to 25 per cent.
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The Indian market is dominated by three telecom giants: Players like Reliance industries ltd operating Reliance Jio, Bharti operating as Airtel and Vodafone group. These three together serve about 1 billion out of the world 1.19 billion mobile subscribers.
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”As of July 3, all three private cell phone service providers Reliance Jio, Bharti Airtel Idea / Vodafone, have collectively raised tariffs by an average of 15%. The three private cell phone service providers are holding 91. 6 percent market share and 1.09 billion out of 1.19 billion Indians using cell phones as of December 31, 2023,” said Surjewala .
“Two things stand out: , firstly, the date of the announcement of the increase of tariffs, seems to be in sync with one another by the three private cell phone companies Secondly, the date of effective implementation of the increased tariffs is also on the same date; depending on his assertion.
You must have kept the hike in cell phone prices till the commencement of the Parliament elections because the Modi government would have been asked about the rationale for adding a burden to 109 crore cell phone users and milking them for an extra Rs 34,824 crore, complains Surjewala.
The supporters of the Organization have frequently quoted Mukesh Ambani’s extravagant expenditure like lavish weeding etc and accused that these amounts are being recovered from the public in a better way through charging densities.
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