Reliance Jio Prime Postpaid and Prepaid Plans Unveiled
Offered at ₹99 for the whole year, the subscription gives users access to much cheaper data plans than the ones announced last September. So Airtel has two new tariff plans.
Yet, it is becoming increasingly clear that with tariff plans that are higher than the industry average, yet offer maximum value by way of increased data availability, Jio will continue taking a toll on the financials of rival telecom firms.
The Rs. 342 offers unlimited calling along with 28GB of data per month along with FUP of 1GB per day, which is same as JioPrime plans. However, you can check your eligibility for the pack by signing into your account in the “My Idea” app.
Stating that it now caters to 85 per cent of mobile data traffic in India, Jio said that bulk of its network is “already built” and can support more than 60 per cent of estimated 2020-21 India data demand.
In a bid to keep Vodafone users from switching to Reliance Jio, Vodafone on Friday announced a new offer to counter services offered by other telecom operators. Under the Prime offer, Jio customers get a one-year extension of existing unlimited data benefits, which under Happy New Year offer. Rs. 51 booster pack offers 1 GB 4G data. The promotional offer is available for users with 4G handsets and is available before March 31. Recently, the company introduced Jio Prime Offer of 1GB data per day, and unlimited voice calls for Rs. 303 per month.
For Non-Prime members: The same plan will get only 2.5GB of data for 28 days. This brings the total cost of the pack to Rs. 311 approx.
After Vodafone and Idea, Airtel did not take long to bring its new STV to the table. This might push a lot of business users away.
Airtel though has an advantage over Jio Prime and that is the fact that while the latter’s offer is only available for Prime customers, the former’s plan is available to the entirety of its customer base.
The incumbents will leap frog each other in this price war, till the market stabilizes in a few quarters.
The offer was earlier reported by TechPP today morning.
Credit Suisse in a note to investors said that its analysts find “targets for both industry revenues and Jio market share aggressive”, especially as this level of ARPU expansion has never been seen globally; intensifying competition amid Jio’s bid to gain share will keep the ARPUs depressed, it said.
