This will allow it to offer faster 4G data speeds to its 3G users
India Ratings said Jio's plans do not threaten the postpaid customer base of Bharti Airtel and Vodafone Idea due to sticky nature of customers and similar content offerings
A lack of tariff hike visibility in the near term, success of Jio's renewed post-paid push, delayed reaction from Bharti to counter Jio will determine Airtel's stock performance, say analysts
Reliance Jio's new plan offers customers Netflix on a mobile device, one-year subscription to two over-the-top applications and access to Jio's movie and songs. library.
Monthly decline rates of urban and rural mobile subscription were 0.18 per cent and 0.40 per cent, respectively, data showed
CLSA believes that new Jio postpaid plans are bundling three leading OTTs, but with no content exclusivity, can be matched by incumbents like Bharti Airtel
The impact of any churn due to Jio's new plans is expected to be higher on VIL than Airtel as the former gets an estimated 21 per cent of its revenues while it is 13 per cent of the latter
The deal is part of the Airtel Startup Accelerator Programme and will enable the 2011-founded Waybeo to expand its distribution reach
Matching Jio's OTT bundling can impact 1-6 per cent of fiscal 2021 earnings before interest tax depreciation and amortisation (EBITDA) for peers, it added
With its competitive pricing in the prepaid segment, Jio has already eroded the subscriber base of both the incumbent players over the past four years
"Cloud technologies are transforming the way businesses serve and delight their customers," said Adarsh Nair, Chief Product Officer, Bharti Airtel
Reliance Jio announced a range of postpaid plans, including many firsts such as in-flight mobile connectivity
Minister of State for Communications Sanjay Dhotre, in a written reply in the Rajya Sabha,
There could be earnings cuts and lower target prices if the hikes don't materialise this year
This is irrespective of what these telecom companies have already paid; lawyers at both firms going through fine print of the Supreme Court order
Operational telecom operators are expected to pay Rs 12,921 crore by March 31, of which close to 80 per cent has to be paid by Vodafone Idea and Bharti Airtel
As far as postpaid is concerned, it has a tariff plan, of Rs 199, which it did not promote and it accounts for less than 1 per cent of its customers
A leading integrator of data networks Sterlite Technologies Ltd has announced a partnership with Bharti Airtel to build a modern optical fibre network across 10 telecom circles
The operators would rather go along with the global standards set by the 3rd Generation Partnership Project or 3GPP
The figure is based on the base price of spectrum for the upcoming auction fixed by the TRAI and on the assumption that there will be no bidding war