Reliance JIO 98 plan, Huge Blow for Airtel, Idea, Vodafone

Mumbai, Jan 25: Reliance JIO is one of the leading telecom company nowadays, Recently, They have announced thier new plans ahead of Republic day to counter Airtel and Idea.

Now they once again launched a new plan to leading telecom company by giving cheapest 4g data with affordable price.

The Officials of JIO has introduced the 98 plan, which gives free unlimited calls as well as 2 GB 4G data for 28 days validity. This is the huge blow for the other telecom Companies.

Brokerage JP Morgan said Jio's Rs 98/month plan - offering 2GB of data with a 28-days validity span -- "could really hurt incumbents", as it is aimed squarely "at attracting the next layer of 4G data subscribers".

This plan, the brokerage said, "would cause another round of ARPU (average revenue per user) downgrades in the industry for plans catering to entry-level data subscribers", adding that Jio's strategy in the immediate term appears to be cornering "a mass segment of incumbents' price sensitive voice/non-data subscribers on to its Rs 98/month plan, which is its most affordable 4G plan, in step with its rapid market share expansion ambitions.