Mobile Tariffs to Surge 15% in June 2026, Boosting Telecom Revenue

• Mobile tariffs in India are projected to increase by 15% in June 2026, two years after the last hike, according to a Jefferies report.
• This tariff hike is expected to more than double the telecom sector's revenue growth rate in FY27, reaching 16% year-on-year.
• Jio's proposed IPO in H1 2026 is anticipated to support higher mobile service rates and improve valuations across the sector.
• Vodafone Idea needs a 45% tariff hike between FY27-FY30 to meet statutory dues, even with a potential five-year moratorium on AGR payments.
• Telecom operators like Bharti Airtel and Jio are expected to see margin improvements due to moderating capital expenditure as 5G rollouts conclude.

Why It Matters: Indian mobile tariffs are set for a 15% hike in June 2026, driving significant revenue growth for the telecom sector.