The share of postpaid users in India’s overall mobile user base is set to jump some 400 basis points (bps) to 12% in FY24, on the back of India’s top two telcos recently bolstering their postpaid schemes with unlimited 5G data offers and diverse OTT content, ratings agency, Crisil said.
A basis point is 0.01%.
“Unlimited 5G data and access to a wider range of OTT content offered by select plans under the new tariffs, along with a narrowing gap between postpaid and prepaid monthly average revenue per user (ARPU), would be key enablers for postpaid subscription,” Crisil said in a media statement Tuesday.
Last month, Bharti Airtel and Reliance Jio enhanced their family postpaid schemes coupled with unlimited 5G data offerings to corner more high value customers and revenue share from loss-making Vodafone Idea (Vi), especially as the latter still hasn’t launched 5G…
