Reliance Jio will have lowest data rates in the world, Mukesh Ambani

[kaykay]

Profit through numbers and becoming economical. Well done Mukesh Bhai

I hope Airtel, Aircel, and Vodafone suffer the onslaught and come out as better competitors. And then there is BSNL

lolz what BSNL? Let private companies have all the headache.....guys in BSNL and MTNL offices will never lose their chai and samosa no matter what comes and go...

 

[pikkuboss]

When will some Industrialist bring the company with Name "Pio" and offer free drinks!!

@ranjeet @Imran Khan

There are many bars available in big cities who offer unlimited free drinks for a full evening subscription amounting 2500 bucks per individual. Nothing is free in this world, Jio also came up with monthly subscription offers. Try your luck if you are that drunkard.

 

[Manindra]

Actually in Hyd i am able to get 35mbps and in Bangalore i got 50 mbps.

Even you can get 100 mbps but on optical fibre broadband wired connection not on wireless ISP

 

[turkish]

The main feature of Jio is the coverage. They plan to cover 70% of the population from day 1 of launch. They have laid 250,000+ KMs of high quality fiber optic cable and have installed over 90,000 eco-friendly 4G towers.

 

[danger007]

Once they corner a majority of market share (using their25-3ancial might), they will gradually hike their prices to the required levels - Ambani 101

till that time enjoy jio... My cousin using jio.. pretty amazing works even in small town and net speed around 25-30mbps.. for the first time, i liked reliance ** for now.

 

[T90TankGuy]

Even you can get 100 mbps but on optical fibre broadband wired connection not on wireless ISP

I meant on my JIO sim .

So it's a national network?
I've heard people in India can have multiple sim cards....
In China, I stick to one, and have signals at every corner of China.
We only have 3 national networks run by 3 companies.

All companies in India are national . they give you coverage almost everywhere, but charge you when you are travelling out of your circle, Most people have two sims to keep work and personal life apart.

 

[Rajaraja Chola]

lolz what BSNL? Let private companies have all the headache.....guys in BSNL and MTNL offices will never lose their chai and samosa no matter what comes and go...

I was just wondering. BSNL which is suffering losses till now, will able to compete

To be honest though BSNL coverage in rural areas is above par. Reliance have a long way to go in coverage, until unless it shares networks with other tower providers.

 

[dev_moh]

I was just wondering. BSNL which is suffering losses till now, will able to compete

To be honest though BSNL coverage in rural areas is above par. Reliance have a long way to go in coverage, until unless it shares networks with other tower providers.

Actually BSNL can do better than even JIO.
The main reason behind so poor service by BSNL is corruption.
You have no idea the amount of money the high ups in BSNL take from telecom companies to degrade their services.

 

[MKC]

Reliance AGM: Mukesh Ambani's 45-minute speech cost Bharti, Idea Rs 13,800 crore
Amit Mudgill| Sep 1, 2016, 02.49 PM IST

In what could be the worst nightmare for Bharti Airtel, Mukesh Ambani said Reliance Jio would offer free voice... Shares of telecom incumbents such as Bharti Airtel, Idea Cellular and Reliance Communications nosedived up to 9 per cent on Thursday, as challenger Reliance Jio priced data tariff for its services at as low as Rs 50/GB, kicking off a tariff war.

In what could be the worst nightmare for Bharti Airtel, the current market leader, Mukesh Ambani said Reliance Jio would offer free voice services to its active users.

Shares of Bharti Airtel slumped 8.99 per cent to hit a low of Rs 302 on BSE. Shares of Idea Cellular, the third largest telecom subscriber, crashed 9.09 per cent to hit a 52-week low of Rs 85. Within 45 minutes of Mukesh Ambani Reliance AGM, Bharti lost Rs 12,000 crore in market capitalisation, while Idea Cellular eroded Rs 2,800 crore in market value.

Reliance Communications, the fourth largest operator by subscriber base, plunged 6.49 per cent to Rs 50.40.

"All voice calls for Jio customers will be absolutely free," Ambani said. Roaming charges will also be zero, Ambani said. In addition, Jio will offer data at Rs 50 per GB (base rate) against current rate of Rs 250/GB charged by peers. Jio will launch 10 plans.

"We have price points starting from Rs 19 for the occasional data user, to a monthly rate of Rs 149 plan for the light data user and all the way up to a monthly Rs 4,999 plan for the heaviest data user," Ambani said.

The venture, Reliance Jio Infocomm, will be the world's biggest startup with an investment of Rs 1,50,000 crore, the company had said in March. It is believed that the company's subscriber base has already swelled to 25 million during trials. W

The RIL Chairman said Reliance Jio plans to cover 90 per cent of India's population by March 2017. The company will introduce 4G handsets at as low as Rs 2,999, Ambani said.
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At present, Jio's network covers 18,000 cities and two lakh villages. A set of apps that Jio offers will be free for active subscribers till December 2017, Ambani said.




"All voice calls for Jio customers will be absolutely free," Ambani said. Roaming charges will also be zero, Ambani added.
Incumbent players were tightening their belts and had announced various schemes to retain existing subscribers "We continue to remain cautious on the sector in the light of the twin risks of Jio's impending launch and the upcoming spectrum auction," Credit Suisse said in a note.




Goldman Sachs in a note said that the response to this new entrant has been positive, with long queues in company stores. "We expect Jio to garner 35 million subscribers over the next two years, with data volume growth for incumbents slowing to 50 per cent in FY17E from 70 per cent in FY16,"it said.
http://timesofindia.indiatimes.com/...book.com&utm_medium=referral&utm_campaign=TOI

 

[jaunty]

Consumers always benefit from competition so this is good but mobile data can't act as the primary connection for most people. 50RS/GB is still very expensive if you plan to use it as your main connection. India needs a nationwide revolution in the wired internet sector. It is still abysmal outside of the big cities. Even in the cities people are hamstrung by stupid FUP.

 

[Nilgiri]

That's my concern. Indian middle/upper class is very small. But 4G is for the entire population. Anyway, they are decreasing the fee, good sign.

Its changing a lot nowadays as you can see. The inflection point will be in about 1 -2 years time according to Economist intellgence unit.

 

[Ankit Kumar 002]

The trio of Airtel Vodafone and Idea will be surely losing sleep....

Especially these Vodafone walas.

 

[VivasvatManu]

Amazing investment by Reliance. ..... could be a game changer if they can sustain the hype.

 

[Nilgiri]

Amazing investment by Reliance. ..... could be a game changer if they can sustain the hype.

Welcome to the forum!

 

[srshkmr]

chennai



business 101

Which one u using

ACT Fiber 100Mbps plan

More than anything, imagine the amount of data he is going to collect , that itself is a gold mine, via their and built in services and apps!

JIO = new OIL for reliance

True that . THat meme is spreading lol ..

Data of user fetches the highest cost