Bharti's growth will be led by segmented tariff hikes taken in the second quarter ended September, while Jio's growth will be driven by continued subscriber growth, it further said.
Jio’s move echoes recent measures by Airtel and Vodafone Idea earlier this summer to increase their average revenue per user figures.
Jio has delayed the launch of its ultra-low-cost smartphone it is developing with Google, to Diwali, possibly due to semiconductor shortages that the industry is facing.
Data usage in India has zoomed 1,300 per cent and the number of broadband users grew four times since September 5, 2016.
India’s private telecom services sector may be tumbling headlong into an effective duopoly with Bharti Airtel and Reliance Jio punching it out for the top spot, but it isn’t one yet.
Emergency data loan facility provides flexibility of 'Recharge Now and Pay Later' functionality to Jio users who run out of their high speed daily data quota and are unable to recharge immediately.
This fall also belies the expectation that RIL stock may witness a surge post the much-hyped Annual General Meeting (AGM) held on Thursday.
Sales of smartphones priced below Rs 6,000 have shrunk over the past few years, constituting just 5 per cent of the total sales volume across the country.
The launch of the phone interestingly comes at a time when Indians seem to be less interested in cheaper smartphones.
During the macro downturn, RIL has focused on building strong digital capabilities and the scale-up in omnichannel offering is driving sizeable market share wins.
Reliance Jio adds over 79 lakh mobile subscribers, extends lead in net mobile user additions: TRAI data
Bharti Airtel added 40.5 lakh wireless users, and interestingly Vodafone Idea gained 10.8 lakh customers during March (compared to the previous month).
Customers applying for Jiofiber post-paid connection will have to choose either six-month or 12-month plan starting at a price of Rs 399 per month.
Sources said the five new 'no daily limit' prepaid mobility offerings, under Jio Freedom plans, will bring more options for digital life.
The Cellular Operators' Association of India (COAI) asserted that 5G would prove to be a "game changer" and lead to "exponential increase in benefits" for the economy and society.
It said that Reliance Jio has built sufficient network capacity for the next 300 million mobile broadband subscribers, over 50 million fibre homes and 50 million micro, small and medium businesses.