Now Airtel offers Free 3GB 4G Data per month to take on Reliance Jio
Airtel went on to say that, the new twelve month offer would be available to customers with 4G mobile handset and not on their network, well as existing customers, who upgrade to a new 4G handset.
The company plans on opening this option for both postpaid and prepaid options.
Users with prepaid SIMS will get unlimited STD and local calling to any network, along with 1GB/4G data at Rs. 345, where as people who switch to
People with 4G smartphones, using postpaid and not on
Considering the new offer proposed by the company, concerns have ignited, which might impact the margins and profits with intense competition. Morgan Stanley, the global brokerage, went on to say that the ongoing competitions in the tariffs offered are a big concern and the telecom sector would remain disrupted and challenging, because of Relaince Jio’s aggressive entry in the market.
Both Idea Cellular and Bharti Airtel have incurred extended losses as Idea Cellular stocks went down to 0.4 percent and Airtel stocks went down to 0.16 per cent.