Jiofi Local Html
By the time Mukesh Ambani finished speaking at Reliance Industries’ annual general meeting (AGM) on Thursday, where he kicked-off his company’s audacious telecom and 4G venture, Bharti Airtel’s market cap plunged by nearly Rs 12,000 crore while smaller competitor Idea Cellular’s market value dipped by a cool Rs 3,000 crore.
At the end of the day, the market had also driven down Reliance stock by 3%, in a sign that the bloodbath the company unleashed could very well backfire.
Jiofi Local Html Much of the AGM saw Ambani take a page out of India’s political class and Apple’s Steve Jobs’ books, in a performance that was marked both by a new vision of the way India should consume data as well as a number of pandering statements. The announcements themselves were surprising: free voice calls, cheap 4G data rates, dirt-cheap 4G devices and the promise of unrestricted Internet access. Although the details of Jiofi Local Html commercial launch, which were announced today, were largely known throughout the industry, the AGM was met with stunned silence at Reliance’s biggest rival’s office in New Delhi, according to industry executives.
What should we expect on September 5, when Reliance Jiofi Local Html launches for free for a period of three months? The Wire looks at the good, the potentially bad and the potentially ugly of how Jio impacts consumers, India’s telecom industry and the larger Internet ecosystem.
The good – data abundance and fresh competition
India has always been a country of poor Internet connectivity and data scarcity. Data is prohibitively expensive for a vast majority of rural India, and even amongst the urban elite who can afford to purchase 4G data packs, connectivity issues prevent one from taking full advantage of the service.
The symptoms of high call rates and data scarcity, both in urban and rural India, are extremely visible. Users switch off their mobile data to prevent accidental usage or switch it on only after 10 PM when rates are lower. Owning more than one SIM is the norm as you want to be able to take advantage of the best offers from different telecom operators. On festival days such as Diwali, on government holidays such as Independence Day, and on made-up celebratory days such as Friendship Day, Indians rarely send out SMS-es or use too much data; all rates are hiked in the name of congestion.
Other existing practices are equally off-putting. Airtel and Vodafone’s per GB rate could equal Jiofi Local Html current rates, but their rates come into effect only after users pay a monthly/upfront fee of Rs 1200+.
The launch of Jio signals an important shift from scrounging for data and data-scarcity to potentially an era of data abundance. The most obvious indicator of this are Reliance’s free voice calls, cheap data packages (4GB of 4G data for Rs. 499), the elimination of national roaming and its corresponding effect on competition (which has supposedly resulted in an industry-wide reduction of data rates). Slightly cheaper rates, however, are only one piece of the puzzle.
At the end of the day, the market had also driven down Reliance stock by 3%, in a sign that the bloodbath the company unleashed could very well backfire.
Jiofi Local Html Much of the AGM saw Ambani take a page out of India’s political class and Apple’s Steve Jobs’ books, in a performance that was marked both by a new vision of the way India should consume data as well as a number of pandering statements. The announcements themselves were surprising: free voice calls, cheap 4G data rates, dirt-cheap 4G devices and the promise of unrestricted Internet access. Although the details of Jiofi Local Html commercial launch, which were announced today, were largely known throughout the industry, the AGM was met with stunned silence at Reliance’s biggest rival’s office in New Delhi, according to industry executives.
What should we expect on September 5, when Reliance Jiofi Local Html launches for free for a period of three months? The Wire looks at the good, the potentially bad and the potentially ugly of how Jio impacts consumers, India’s telecom industry and the larger Internet ecosystem.
The good – data abundance and fresh competition
India has always been a country of poor Internet connectivity and data scarcity. Data is prohibitively expensive for a vast majority of rural India, and even amongst the urban elite who can afford to purchase 4G data packs, connectivity issues prevent one from taking full advantage of the service.
The symptoms of high call rates and data scarcity, both in urban and rural India, are extremely visible. Users switch off their mobile data to prevent accidental usage or switch it on only after 10 PM when rates are lower. Owning more than one SIM is the norm as you want to be able to take advantage of the best offers from different telecom operators. On festival days such as Diwali, on government holidays such as Independence Day, and on made-up celebratory days such as Friendship Day, Indians rarely send out SMS-es or use too much data; all rates are hiked in the name of congestion.
Other existing practices are equally off-putting. Airtel and Vodafone’s per GB rate could equal Jiofi Local Html current rates, but their rates come into effect only after users pay a monthly/upfront fee of Rs 1200+.
The launch of Jio signals an important shift from scrounging for data and data-scarcity to potentially an era of data abundance. The most obvious indicator of this are Reliance’s free voice calls, cheap data packages (4GB of 4G data for Rs. 499), the elimination of national roaming and its corresponding effect on competition (which has supposedly resulted in an industry-wide reduction of data rates). Slightly cheaper rates, however, are only one piece of the puzzle.