Good news for the postpaid customers of
Reliance Jio has been announced in the form of lowest monthly rental plan in
the Indian telecom sector at just Rs 199. This new post-paid Rs 199 plan
announced by Reliance Jio is expected to intensify tariff war in the postpaid
segment of telecom sector. With its innovative and cheaper prepaid plans, Jio
has successfully added millions of customers in the shortest time. Now, the
company has eyed the postpaid segment.
The new 199 post paid plan offers a total of
25GB high speed data along with unlimited free voice calls and SMS services.
After exhausting the 25GB limit, the customers can purchase additional high
speed data at Rs 20 per GB in case they wish so. This new offer is available
for postpaid customers from 15th of May 2018.
This new plan will be available for both new
and existing customers. In case of new customers, a refundable security deposit
of Rs 250 has to be paid along with Rs 99 for the prime subscription. However,
if you are an existing customer, just opt for change of plan and pay
appropriate deposit suiting to your new plan and adjustable for your previous
plan.
The market analyst group from JP Morgan has
speculated that this move could extend and intensify the already existing brutal
tariff cut in the post-paid regime, hurting incumbents further. It has also
noted that Jio's post-paid tariffs are sharply lower compared to the current
tariff plans offered by incumbents.
Along with this new post paid plan, Jio has
also announced an ISD calling service at a starting price of 50 paise per minute
and international roaming rates starting just at Rs 2. "International tariffs offered by Jio
are quite competitive and we could see downward pressure on such tariffs for
incumbents. However, even in a scenario where we assume 10-15 per cent of
postpaid revenues are from international calls, and international tariffs get
cut by 50 per cent, the impact on overall revenue of incumbents is likely to be
less than 2 per cent," Goldman Sachs said.
One more benefit of opting for the new jio
postpaid plan of Rs 199 is that it comes with default ISD service activated.
Just recharge the ISD plan and enjoy international calls at cheapest rates as
low as 50 paise per minute.
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