(Bloomberg) -- Reliance Jio Infocomm Ltd., India’s top wireless carrier, will raise prices on some of its mobile offerings, the company said in a statement on Thursday.

Under the revised plans, new monthly charges have been raised by as much as 21% to between 189 rupees to 449 rupees ($2.26 to $5.38). Annual tariffs as well as rates on postpaid plans have also been raised. The new plans will be effective from July 3, the company said.

Jio‘s move signals an imminent industrywide increase as its too smaller rivals - Bharti Airtel Ltd. and Vodafone Idea Ltd. - follow suit to help bolster revenue and recoup investments in 5G technology. The sector entered a bruising price war since Jio’s entry in 2016 from which it is gradually recovering. 

JPMorgan Chase & Co. analysts said they expect tariff hikes of 25% spread over the next two quarters.

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