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As Per Latest Information Postpaid User Base in India to Grow Because of Narrowing Gap from Prepaid

The postpaid user base is growing due to the narrowing gap between prepaid and postpaid plans.

Telcos are not anticipated to raise postpaid pricing, according to Vi’s CEO during the company’s Q3 earnings call. Users may move to postpaid services in the near future because they believe they will receive a better deal due to increased prepaid plan prices.

HIGHLIGHTS

  • In India, postpaid subscriber growth will pick up speed in the next years.
  • The decreasing difference between the advantages of prepaid and postpaid plans would be one of the main forces behind this.
  • It is important to note that the postpaid plan rates are now being reduced by the carriers rather than growing.

In India, the number of postpaid subscribers will increase quickly in the upcoming years. The decreasing difference between the advantages of prepaid and postpaid plans would be one of the main forces behind this. It is important to note that the postpaid plan rates are now being reduced by the carriers rather than growing. Recently, new postpaid plans were launched by Jio and Airtel that are designed to be used by many users. These plans are family plans, to put it simply.

India’s postpaid user base is expected to increase from its current 8% to 12% (of the overall mobile user base) in FY24, according to a new analysis from Crisil (via ET Telecom). With their postpaid contracts, Airtel and Jio are now providing subscribers with 5G bandwidth that is genuinely limitless. The telecoms are also packaging a ton of additional advantages, like OTT (over-the-top) subscriptions and more. Even though Vodafone Idea (Vi) hasn’t been able to introduce 5G yet, its Vi Max postpaid contracts offer postpaid consumers an incredible price. particularly in relation to the Vi REDX programme.

Telcos are not likely to increase postpaid rates, as Vi’s CEO (chief executive officer) noted on the company’s Q3 earnings call. Users may switch to postpaid services in the near future as a result of rising prepaid plan rates since they anticipate receiving a better deal. We can discuss why postpaid tariffs won’t increase another day. It is also important to note that the telecoms are not expected to hike the prices for their prepaid services any time soon. Only some time in 2024 is possible for it to occur.

Family postpaid plans are a great option for customers because they provide a lot for a low cost. concentrating in particular on the new plans

What do you think?

Written by Shallu Srivastav

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