Airtel & Idea 4G/3G gives more data for same value - slashes cost by upto 67% [RJio effect??]

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Benevolent
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Idea Cellular slashed the rates of its 4G, 3G BIG Internet packs by upto 67%, providing more value to heavy internet users who consume data packs of 2GB to 10 GB. Last week, Idea had announced the price reduction by 45% in its sachet data packs. Idea is now offering 10 GB 4G, 3G data pack for just Rs. 990. Idea’s 2 GB data is now priced at just Rs 349, as against the earlier price of Rs 449. Idea users will now get 5 GB of 4G and 3G data at Rs 649 – a 67% more value than 3GB data earlier. Idea’s new BIG Internet packs will give both postpaid and prepaid data users the convenience to download movies, stream songs and play online games without worrying about data balance.

Commenting on the recent rate revision, Mr. Sashi Shankar, Chief Marketing Officer, Idea Cellular, said, “While the price reduction in our sachet data packs was aimed at inducting more users into the world of internet; the reduction in rates of BIG Recharge packs now, is aimed at delivering significantly higher Value for Money to our regular internet users. Our consumer research studies have indicated a growing demand for affordable high volume internet packs which we are aiming to fulfil with the new offers.”

Idea has also launched new Freedom Packs, which are low cost data packs starting at just Rs. 35 with 4 weeks’ validity, giving prepaid consumers freedom from multiple recharges and the constant hassle over expiry of plans.
https://cdn0.desidime.com/attachments/photos/270231/medium/3476532idea-4g-cut.jpg?1480965490
http://rtn.asia/t-t/20323/following-airtel-idea...

Apparently Airtel has also made similar moves
http://indianexpress.com/article/technology/tec...
http://www.bgr.in/news/reliance-jio-effect-airt...

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Budding Star Budding Star
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Their stock also tanked 6-7%. the communication sector can see a lot of juggling in near future.

Benevolent Benevolent
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Now expect Vodafone to follow. After all, they are AVOID i.e. Airtel VOdafone IDea

Deal Subedar Deal Subedar
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Jio planned for unlimited no FUP fiber broadband too, BSNL and AIrtel brandboad still in confusion about their rate, as the’re priced 10 times of cost now..

Jio effect ::::

Airtel increased its 4G footprint rapidly
Idea started to concentrate on 4G too
Idea reduced it’s 2g/3g price
Airtel reduced it’s price
Again Idea reduced its price.

Expected Jio effect ::
Jio play or jio TV :: satellite Dish tv providers reduce their price soon, as Jio play is readily available in mobile and IP setopbox on the way.
Jio Fiber :: Broadband company who have 512 kbps fup will be vanished and no one (even their employee) wont use it anymore.

Jio is doing samelike Google, try their best upto lastmile their own infrastructure or fibre.

Pro Tech Guru Pro Tech Guru
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@Utsav wrote:

Their stock also tanked 6-7%. the communication sector can see a lot of juggling in near future.


I think government would be taking action against prices in this industry because JIO’s pricing way is big threat to other telecom companies….

Budding Star Budding Star
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@Navneet wrote:

@Utsav wrote:

Their stock also tanked 6-7%. the communication sector can see a lot of juggling in near future.


I think government would be taking action against prices in this industry because JIO’s pricing way is big threat to other telecom companies….


This is actually the need of the hour. After the expansion of Bharti Airtel in the African subcontinent, thay started to dominate the other players in India. kind of making monopoly scenario. Hearsay stories tell that Jio was actually planned when Rcom was losing its shine and both brothers joined hands to come along.

Rcom could be a nice bet for a medium term investment. I wont bet on RIL as its quite out of the pocket investment. For someone to make money it is essential that you select the stocks when they are available for penny. Intra-day trading isn’t my cup of tea.

According to my view there would be another 10-15% fall in the Telecomm sectors. Donot touch Tata Comm too. https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

Pro Tech Guru Pro Tech Guru
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@Utsav wrote:

@Navneet wrote:

@Utsav wrote:

Their stock also tanked 6-7%. the communication sector can see a lot of juggling in near future.


I think government would be taking action against prices in this industry because JIO’s pricing way is big threat to other telecom companies….


This is actually the need of the hour. After the expansion of Bharti Airtel in the African subcontinent, thay started to dominate the other players in India. kind of making monopoly scenario. Hearsay stories tell that Jio was actually planned when Rcom was losing its shine and both brothers joined hands to come along.

Rcom could be a nice bet for a medium term investment. I wont bet on RIL as its quite out of the pocket investment. For someone to make money it is essential that you select the stocks when they are available for penny. Intra-day trading isn’t my cup of tea.

According to my view there would be another 10-15% fall in the Telecomm sectors. Donot touch Tata Comm too. https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif


I agree with you buddy, always invest when the stocks are penny and intra day trading sucks except Nifty options https://cdn2.desidime.com/assets/textile-editor/icon_smile.gif
Telecom stocks may fall 30-40% in next 1-2 years https://cdn2.desidime.com/assets/textile-editor/icon_smile.gif


Telecom/Metal/Aviation sector stocks are very speculative and best if ignored https://cdn1.desidime.com/assets/textile-editor/icon_smile.gif

Budding Star Budding Star
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@Navneet wrote:

Telecom/Metal/Aviation sector stocks are very speculative and best if ignored https://cdn1.desidime.com/assets/textile-editor/icon_smile.gif


Contradictory to this, I love the metal sector. They might see the high and low jumps but for making money they provide a good opportunity. The two things that can lead India is Agriculture(and its by-products) and Metal. BHEL and NMDC are the safest and best bet around.

Do invest in Silver. It has a strong upside in the near future. https://cdn3.desidime.com/assets/textile-editor/icon_wink.gif

Helpful Helpful
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@desibuddy wrote:

Jio planned for unlimited no FUP fiber broadband too, BSNL and AIrtel brandboad still in confusion about their rate, as the’re priced 10 times of cost now..

Jio effect ::::

Airtel increased its 4G footprint rapidly
Idea started to concentrate on 4G too
Idea reduced it’s 2g/3g price
Airtel reduced it’s price
Again Idea reduced its price.

Expected Jio effect ::
Jio play or jio TV :: satellite Dish tv providers reduce their price soon, as Jio play is readily available in mobile and IP setopbox on the way.
Jio Fiber :: Broadband company who have 512 kbps fup will be vanished and no one (even their employee) wont use it anymore.

Jio is doing same like Google, try their best upto lastmile their own infrastructure or fibre.


Well! Lastmile…Yes?
Many reviews say that JIO Network is really good even in Tier 2 And Tier 3 Locations!!

Pro Tech Guru Pro Tech Guru
Link Copied
@Utsav wrote:

@Navneet wrote:

Telecom/Metal/Aviation sector stocks are very speculative and best if ignored https://cdn1.desidime.com/assets/textile-editor/icon_smile.gif


Contradictory to this, I love the metal sector. They might see the high and low jumps but for making money they provide a good opportunity. The two things that can lead India is Agriculture(and its by-products) and Metal. BHEL and NMDC are the safest and best bet around.

Do invest in Silver. It has a strong upside in the near future. https://cdn3.desidime.com/assets/textile-editor/icon_wink.gif


Well yes metal stocks are good as they volatile enough however if someone is holding stocks for 3+ years then all the above stocks should be ignored https://cdn2.desidime.com/assets/textile-editor/icon_smile.gif

Silver >> Lets see what happens to Gold/Silver in next 10-20 years https://cdn3.desidime.com/assets/textile-editor/icon_cool.gif

Personally i bought SAIL @ 33-34 and sold @ 42-43 https://cdn1.desidime.com/assets/textile-editor/icon_biggrin.gif

Budding Star Budding Star
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@Navneet wrote:

Well yes metal stocks are good as they volatile enough however if someone is holding stocks for 3+ years then all the above stocks should be ignored https://cdn2.desidime.com/assets/textile-editor/icon_smile.gif

Silver >> Lets see what happens to Gold/Silver in next 10-20 years https://cdn3.desidime.com/assets/textile-editor/icon_cool.gif

Personally i bought SAIL @ 33-34 and sold @ 42-43 https://cdn1.desidime.com/assets/textile-editor/icon_biggrin.gif


Why do u feel BHEL and NMDC aren’t a good buy for long term investment? https://cdn1.desidime.com/assets/textile-editor/icon_confused.gif

I have a heavy holding of NMDC.

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