Winning Bizness Desk

Mumbai. After achieving record breaking success in the country, 'Pushpa: The Rise' is being liked by foreign audiences too. Even after a year of release, 'Pushpa: The Rise' continues to set benchmarks not only in the country but also abroad, in fact the film which released on 8th December in Russia has become a super-duper hit here. Allu Arjun starrer Blockbuster, released in Russia last month, has collected 1.02 crores till now. Moreover, the film is still running on 774 screens and there has been no reduction in the number of screens it was allotted initially.

Tariff can go up by 10%

Report found out that Vodafone Idea will have to increase the tariff by 25 percent to repay the loan, as well as a big increase in the tariff to clear the dues of the government by 2027. The brokerage house believes that postpaid tariffs are also likely to increase. Earlier, analysts of foreign brokerage house Jefferies have also said in their reports that telecom companies may announce an increase in mobile tariffs by up to 10 percent in the new year. Jefferies has said in its latest report that Bharti Airtel and Reliance Jio may increase mobile tariffs by up to 10 percent in the fourth quarter of FY 2020-23, 2023-24 and 2024-25.

On other option available

The report said that the pressure on the company's revenue and margin is increasing again, due to which these telecom companies have no option but to increase the tariff. Reliance Jio and Bharti Airtel have launched 5G mobile service in many cities of the country. These companies have spent big money in auction to get 5 spectrum. The three existing telecom companies have spent Rs 1,50,173 crore in the auction of 5G spectrum. These companies will have to increase their revenue to pay the license fee. In such a situation, telecom companies will have to increase the mobile tariff.