After Jio unveiled new postpaid plans with a great deal of benefits equivalent to free Netflix, Amazon Prime, Disney Hotstar subscription amongst other benefits, the shares of telecom majors Bharti Airtel and Vodafone Idea Ltd (VIL) had been below strain on Wednesday.
Around 1.50 pm., shares of Bharti Airtel on the BSE had been buying and selling at Rs 433.50, decrease by Rs 37.55 or 7.97 per cent from its earlier shut.
Vodafone Idea shares had been buying and selling at Rs 9.32, decrease by 93 paise or 9.07 per cent from its earlier shut.
With its aggressive pricing within the pay as you go phase, Jio has already eroded the subscriber base of each the incumbent gamers over the previous 4 years.
What Jio is providing in new Postpaid plus plans?
The newest choices below ‘JioPostpaid Plus‘ introduced on Tuesday, with free subscription to Netflix, Amazon Prime and Disney+ Hotstar and household plan for the whole household at Rs 250 per connection together with knowledge rollover as much as 500 GB and Wifi-Calling in India and overseas amongst others, is prone to begin a tariff battle within the postpaid phase.
The month-to-month tariff fees provided below ‘JioPostpaid Plus’ are Rs 399, Rs 599, Rs 799, Rs 999 and Rs 1,499 and all of the packs include particular person offers and knowledge restrict based on the customers’ requirement.
(With inputs from IANS)