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Jio Growth Unlikely to Be Hurt by Airtel's New Data Plans: Credit Suisse

Jio Growth Unlikely to Be Hurt by Airtel's New Data Plans: Credit Suisse

The impact may not be substantial as Jio also offers unlimited calling plans with data at a lower price.

By Indo-Asian News Service | Updated: 3 May 2019 12:54 IST

Jio Growth Unlikely to Be Hurt by Airtel's New Data Plans: Credit Suisse

Photo Credit: Facebook/ Jio

Bharti Airtel's new data plans are unlikely to impact Reliance Jio's market share as the latter's plans are still competitive, said a report by Credit Suisse.

Airtel has recently introduced two new schemes - Rs. 48 plan that gives 3GB data with 28-day validity, and Rs. 98 plan with 6GB data and 28-day validity.

"Jio's plans stay more competitive (20-25 percent cheaper) than Airtel and therefore Jio should continue to gain market share on smartphones," it said.

"The feature-phone offer by Jio is very attractive and we expect Jio to continue to add more than 10 million feature-phone users per quarter," Credit Suisse said.

On Airtel's new data plans, the report said they were either meant for "voice-only customers to encourage them to start experiencing data and data top-up for existing combo plans that have daily data usage limit of 1-1.5GB".

As per the report, the impact may not be substantial as Jio also offers unlimited calling plans along with 2GB data at Rs. 98 compared with Airtel that provides the same at Rs. 129.

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