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Author Topic: [2016-09-04] Bitcoin Users In India Will Benefit From Reliance Jio Data Plans  (Read 127 times)
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September 04, 2016, 10:39:09 AM

The company laid these plans out during a recent presentation at their annual general meeting. Reliance Jio, as this service is called, will offer data plans costing US$0.75 per GB. Compared to rates in the US – US$10 – and Japan – US$30 – it is evident the price per GB can be a lot cheaper than what most people pay right now. Similarly to fibre Internet, mobile data bandwidth is not a limited resource.

But there is more, as “heavy users’ will pay even less money per gigabyte. In fact, Reliance Jio will charge half of the price per GB used. That is quite an unusual position, as heavy users would usually end up paying extra. In doing so, Reliance Industries is positioning itself as the cheapest mobile data provider in the world.

Other companies active in India will be forced to revise their data tariffs moving forward. Airtel and Vodafone are both large players in India right now. The new Reliance Jio telecom service could take away a large portion of their market share in the coming years. After all, there is little reason to pay more for the same service.

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