Reliance Jio, India’s largest telecom operator, has stated that it does not plan to increase tariffs in the near term.
The clarification came from Anshuman Thakur, Jio’s Head of Strategy, during the company’s Q2 FY26 earnings call, where he said:
“We are nudging consumers to consume more and happily pay more, but no immediate plans for the tariff hike.”
This statement follows recent changes by Jio and Airtel, both of which discontinued their 1GB daily data plans, a move seen as encouraging users to shift to higher-value plans.
ARPU Growth Driven by Data Usage
Jio’s average revenue per user (ARPU) — a key performance metric — has shown steady improvement after the tariff hike of 2024.
At the end of Q2 FY26, Jio reported an ARPU of ₹211.4, up from ₹208.8 in the previous quarter.
The company attributed this rise to increased data consumption and a reduction in annual plans, which previously dragged down its ARPU.
Most Jio subscribers are now on short- to medium-term plans, which have helped the telecom giant sustain revenue momentum and improve per-user earnings.
Analysts Expect Tariff Hike Before IPO
According to a report from JP Morgan, if Jio refrains from hiking tariffs soon, its year-on-year ARPU growth for the March quarter could still be around 4%, reaching ₹214 per subscriber.
However, the report added that investors expect Jio to raise tariffs ahead of its proposed IPO, likely by June 2026.
Jio Crosses 500 Million Subscribers
Reliance Jio continues to dominate India’s telecom market, having added 8.3 million new subscribers in Q2 FY26.
Its total user base now stands at 506.4 million, with a rapidly expanding 5G user base of 234 million, up from 213 million last quarter.
Notably, 5G users now account for 50% of Jio’s total wireless subscribers — a key indicator of the company’s digital growth strategy.
