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Upping the ante in the telecom price war, Reliance Jio Infocomm has slashed tariffs by ₹50 across various plans, along with 50 per cent more data than competition. The company has also introduced a new ₹98 pack, which provides free voice and unlimited data (2GB per month), with a validity of 28 days.
The new tariffs — offered under ‘Jio Republic Day 2018’ plan — is in response to price revisions by incumbents. The lower price point of ₹98 is to enable more consumers adopt Jio Digital Life, the company’s vision of Digital India, RJio said in a statement.
Under the new offer, Jio has increased all its existing 1GB-per-day packs to 1.5GB and 1.5GB-per-day plans to 2GB. The company’s flagship ₹399 plan will now provide free voice, unlimited data (1.5GB daily), unlimited SMS and subscription to Jio Apps for 84 days.
Similarly, the company has slashed prices of its existing ₹149, ₹349 and ₹449 plans by ₹50 and has increased data offering to 1.5GB per day (from earlier 1GB) on these packs. Further, it has hiked data offerings under its ₹198, ₹398, ₹448 and ₹498 plans to 2GB per day from the existing 1.5GB per day.
The new tariffs will be available from January 26.
RJio, a wholly-owned subsidiary of Reliance Industries, had posted its first-ever quarterly profit recording a standalone net profit of ₹504 crore in the December quarter. The company controlled by billionaire Mukesh Ambani had posted a net loss of ₹271 crore during the sequential September quarter.
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