Jio Bharat phone will sink Airtel’s boat! Company will not be able to increase the price of plans – jio bharat mobile launch put an end to the possibilities of airtel tariff hike says report
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According to the report, Airtel had recently increased the prices of 2G plans. The lowest priced plan of Rs 99 for 2G was reduced to Rs 155. If we talk about Jio, then this company does not work on 2G network. At the same time, customers of Vodafone-Idea are continuously leaving the company. In such a situation, Airtel had high hopes that this step could increase its earnings.
Now with the launch of the Jio Bharat 4G phone, Airtel’s 2G customer base is likely to make a big dent. Reliance Jio claims that 10 crore customers will be added through Jio Bharat. Where Airtel felt that it could earn from 2G plans, on the other hand, after the arrival of this phone, these hopes seem to be going down the drain.
Airtel seems to be in trouble not only in the 2G category but also in the premium i.e. 4G category. According to the report, in March 2023, Jio brought new affordable 4G postpaid plans. This plan was very much liked by the customers in the premium category.
In the report, the features and price of Jio Bharat have also been described as very strong. Its price is 999 rupees. Jio Bharat 2G has HD voice calling, FM radio, 128 GB SD memory card support, etc. features. It also has features like TFT screen, 0.3 megapixel camera, 1000 mAh battery, 3.5 mm headphone jack.
Regarding the above report, another brokerage house MK has also J. P. Morgan’s words have been stamped. According to MK, the Jio Bharat 2G is designed keeping in mind the customers. It has great features like Jio Cinema, Jio Saavn and Jio Pay.
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