How much will 5G cost? 4G plans will also be expensive
The wait for 5G networks may soon be over. Airtel is going to launch 5G service this month i.e. August itself. While Jio has also announced the launch of Jio 5G along with the Amrit Utsav of Independence. In such a situation, a question arises that how much money will have to be spent for 5G? Vi (Vodafone Idea) has given information in this matter.
On Thursday, the company’s top executives gave information about 5G plans and pricing. He said that for this users will have to spend more money than 4G.
5G services will come with higher data bundles at a premium price than 4G. Vodafone Idea Managing Director and CEO Ravindra Takkar has given this information.
How much will the 5G service cost?
He said that the company has spent a good amount of money to acquire 5G spectrum, due to which the 5G service will come at a premium price. By the end of this year, the price of the overall tariff may also increase.
Ravindra Takkar said, ‘The reality is that a lot of money has been spent on spectrum, we believe that 5G service will come at a premium price compared to 4G. With 5G at a premium price, you also get more data. Because on this you will spend more data than 4G.’
So many crores spent for 5G
He said the cost of data on the 5G network will depend on how users use it. Vodafone Idea Rs. 18,800 crore has been purchased for 3300 MHz (mid band) for 17 cities and 26GHz band for 16 circles.
The company has also acquired 4G spectrum in Andhra Pradesh, Karnataka and Punjab. For the new spectrum, the company will have to pay an installation fee of Rs 1,680 per year. The company is still running at a loss.
4G plans can also be expensive
Telecom companies also hiked the price of tariff plans late last year. This year also the company has indicated to increase the tariff.
However, there has not been any major increase in it yet. Jio has definitely changed some plans. It is possible that 4G tariff prices may increase with the launch of 5G plans.