Mobile recharge costs have increased from July 2024 due to several factors:
1. **Increased Taxes and Regulatory Fees:** Governments might have imposed higher taxes or regulatory fees on telecom services, which companies pass on to consumers.
2. **Inflation and Operational Costs:** Rising inflation and increased costs of operation, including infrastructure maintenance, upgrades, and spectrum fees, can lead to higher prices.
3. **Reduction in Competition:** If there has been a consolidation in the telecom market, reduced competition can lead to higher prices as there are fewer incentives for companies to keep prices low.
4. **Currency Fluctuations:** In countries where telecom equipment and services are imported, a depreciating local currency can increase costs.
5. **Network Upgrades:** Investment in newer technologies like 5G might also lead to temporary price increases to cover the costs of infrastructure development.
For a precise understanding, you might want to check local news sources or announcements from telecom regulatory authorities.