Reliance Jio’s decision to announce a new tariff plan for its existing 10 crore subscribers, and those who sign up before March 31, will put a ceiling on the revenues of incumbent operators, a note by broking firm Credit Suisse said Wednesday.
Reliance Industries chief Mukesh Ambani said starting April 1, Jio will launch a Prime offer, under which users can opt for its ongoing free calls, free data and get access to its media suite for a one-time fee of Rs 99 and a Rs 303 monthly plan.
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