All Major Indian Telecom Players Slash Down Roaming Rates by Up to 75%
After Vodafone slashed down their roaming rates, leading telecom operators followed suit, including Airtel, Idea Cellular and Reliance Communication. All of the operators lowered their roaming rates up to 75% after TRAI cut off the maximum ceiling tariff. Roaming call rates will be cheaper by 40% and SMS by 75%. The above is effective immediately.
For Airtel, incoming rates have been reduced by 40% and outgoing inter-circle calls will be lowered by 23%. Outgoing local call rates will be decreased by 20%, and it reduced local SMS rate by 75%. Outgoing inter-circle SMS rate has been cut by up to 74%.
As for Idea Cellular and Reliance, similarly, these two companies have slashed their roaming call rates by 40%. Idea will now charge incoming calls at 45paise/minute and outgoing is reduced by 20%. Local SMS on Idea will cost 25% lesser, and STD will be charged 38 paise while on roaming.
In the words of Morgan Stanley, American multinational financial service:
Reduction in national roaming ceiling tariff would imply a 2% revenue impact and 4% Ebitda (earnings before interest, taxes, depreciation, and amortisation) impact for operators, which could be partly offset by an increase in roaming minutes and any positive differential gains.
Earlier this month, TRAI had cut the maximum rate for STD calls on roaming to Rs 1.15 from Rs 1.50. To read about Vodafone’s new tariff plans, click here.