Reliance Jio’s ‘Data-Giri’ To Unleash Price War, Slash Bills: Analysts

Consumers could see their monthly mobile bills coming down significantly as Reliance Jio’s (RJio) disruptive entry into the Indian telecom market with rock-bottom prices is expected to unleash a new round of price war in the industry, analysts today said.

“This announcement will unleash a price war among telcos, and users can expect cost of data (not voice) going down in the range of 25–35 per cent,” Greyhound Research Chief  Analyst and CEO, Sanchit Vir Gogia told PTI.

He added this will further add bottomline pressures on the already struggling telcos that will ultimately be forced to consolidate.

Source: Indian Express | Rediff.com | India Today | Financial Express | Business Standard | The Pioneer | Zee News | Millennium Post | Free Press Journal |

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