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Reliance Jio proposes new floor price for data in India

The ailing Indian telecom industry might have finally come to a solution that all the remaining players are willing to agree upon: having a floor price for data.

Reliance Jio is the latest telco in support of this move. It has supposedly proposed a new price floor of Rs 15 per GB to the Telecom Regulatory Authority of India (TRAI) and wants that to be increased to Rs 20 eventually. If this motion gets approved, consumers will have to pay a minimum of Rs 15 per GB of data they consume, irrespective of their operator. This will go a long way in increasing the average revenue per user (ARPU) which has been the main reason for the added stress on the Indian telecom sector.

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