Reliance Jio: 4G Plans, Launches, Tarriff, Latest News & Reviews Reliance Jio New 4G Plans Launched:
Here's All You Need To Know About New And Revamped Prepaid and Postpaid Plans
Reliance Jio: 4G Plans, Launches, Tarriff, Latest News & Reviews Reliance Jio New 4G Plans Launched: Here's All You Need To Know About New And Revamped Prepaid and Postpaid Plans
Reliance Jio: 4G Plans, Launches, Tarriff, Latest News & Reviews Reliance Jio New 4G Plans Launched: Here's All You Need To Know About New And Revamped Prepaid and Postpaid Plans
new entrant in the telecom industry, Reliance Jio, is expected to shift its approach from a hunter to a farmer by 2018, said Nitin Soni, Director at Fitch Ratings.
“Right now they are hunting for a larger subscriber base, they already have about 139 million subscribers, by 2018 we expect them to achieve about 200 million subscribers,” Soni told BTVi in an interview. ”And then we think in 2018 their behavior will change from a hunter to a farmer and they will start making some money on their large $30 billion (roughly Rs. 1,95,073 crores) investment. And that point of time if we start looking at incumbents they will also benefit from the rational price in the industry,” he added.
Talking about pricing or tariff, Soni said the average tariffs have been on the decline from the last four to five years. ALSO READ
Reliance Jio: 4G Plans, Launches, Tarriff, Latest News & Reviews
Now Jio’s offering is slightly cheaper than the incumbents. It is not very different now. I think the top three players’ tariff would be around Rs. 140-150 levels. But I think going forward the telco which will provide a good quality of data to their subscribers, the subscribers will naturally move to that. Pricing will be more or less same for these three telcos,” Soni added.