Telecom stocks fall after Reliance Jio cuts tariffs

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Under the new offer, Jio will give extra data on all recharge plans.

The change in daily data limit is to counter the recent changes in prepaid plans of Airtel, Vodafone and Idea.

Moreover, the telco has also made a decision to extend daily data usage of its users who have subscribed to 1GB and 1.5GB per day data packs by 500MB, increasing them to 1.5GB and 2GB respectively.

There are four total plans of Jio under which the company is offering 1GB data per day.

Apart from this, there are 2 plans for Jio Phone and also.

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Reliance Jio has declared another recharge offer as a feature of the "Republic Day 2018" for its clients, under which its current 1GB and 1.5GB daily data packs have been moved up to offer 1.5GB and 2GB daily data separately, with no adjustment in the value point. All the voice calls are free for the Jio users and the Jio users can make use of unlimited voice call facility and Jio has very good connection.

Reliance Jio announced its Republic Day surprise for all JioPhone users. As the JioPhone is breaking the price as well as technology barrier with its smartphone counterparts, Jio wishes to offer 4G data at the cheapest rate and the phone at an "effectively" zero price. We now see the market moving to 1.5GB per day plans from 1GB per day.

Rs 399 and Rs 449 Plan: Reliance Jio's Rs 399 and Rs 449 plans will now offer an aggregate of 126GB and 136GB data individually, at 1.5GB every day. Jio Phone also has two smaller sachet packs of Rs 24 (valid for 2 days) and Rs 54 (valid for 7 days), though these offer 500MB internet per day.

Reliance Jio on Thursday announced its lowest rental plan of Rs 49 with the validity of 28 days for the JioPhone users. You will need to pay a "security deposit" of Rs.1,500 while booking, although the amount will be refunded to you after a period of three years or 36 months. Airtel, on the other hand, offers 1GB daily data, and validity of 84 days, up from 70 days that it used to offer before.

The plan 498 of Jio now offer 182GB data instead of 136GB data.