Telecom Pricing War Going to End ?
Last year huge disruption on telecom industries after Reliance Jio entered on telecommunication business . A new fight start between telecom operators with pricing war Reliance Jio given free voice call and daily data for internet surfing download . All operators price goes down to fight with Reliance Jio price cut by 50% and many telecom operators financial year operating profit down by 50% . What is hurting the sector , free voice call and data hurts to all major telecom operators . After this step many small operators not able to fight Jio and now going to close .
India largest telecom company Bharti Airtel which is run by Sunil Mittal profit fall by 55% in price war against Reliance Jio . An intense price war started by Reliance Jio’s free internet services .With free services and promotional offers Reliance Jio make a storm in telecom industries .
Big companies burning cash on brutal competition for market share . Mukesh Ambani owned Reliance new entrant on telco business competitive strategy for next 12-18 month with sustainable growth of revenue and margin .
What happen with Entry of Reliance Jio ? A disruption act with full year discounting causes to merger in Idea and Vodafone ,Airtel net profit drops , Reliance Communication going to shut it shop and many small operators are already shut their shop .A pricing of voice and data plan in full year low dropped to 50% .
Now all are giving voice call for free only charging for data used by subscriber . What Reliance Jio Get After Giving free voice and data over a year .Reliance Jio earned more than 10 crore subscribers and double it total market capitalization from 3 trillion to 6 trillion . Who think the full game make reliance strongest contender .
From 2017 Reliance Jio started charging after giving full year of free voice and data to its subscriber . Looking the pricing war going to end with raise in current price of reliance jio normal subcription . Now market going to be normal after price rise all operators are offering its best offers to it subscribers .