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Facebook Takes $5.7B Stake in India’s Jio

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Re: Facebook Takes $5.7B Stake in India’s Jio

#171

Post by intended »

kinkrtyavimoodh wrote: post #138
webmobdev wrote: post #37

Earlier quoted context omitted.

- They've crippled the indian telecom industry by driving out many competitors through their anti-competitive behaviour of offering FREE services for nearly a year under the guise of "testing" their network. They were aided in this by the government who ignored the protests from the other players. - Then they offered services for very LOW prices. - Once the competitors were driven out, they've RAISED prices. And are…

India went from charging some of the costliest data plans in the world to some of the cheapest, thanks to Jio. What exactly was holding back the hands of the entrenched players when they charged INR 10 per MB of data?

How?

India had some of the cheapest plans in the world, and the indian telecom market is famous for having the lowest if not among the lowest ARPU rates in the world.

Do you have a source or reference point for this?

Re: Facebook Takes $5.7B Stake in India’s Jio

#172

Post by kinkrtyavimoodh »

intended wrote: post #171
kinkrtyavimoodh wrote: post #138

Earlier quoted context omitted.

India went from charging some of the costliest data plans in the world to some of the cheapest, thanks to Jio. What exactly was holding back the hands of the entrenched players when they charged INR 10 per MB of data?

How? India had some of the cheapest plans in the world, and the indian telecom market is famous for having the lowest if not among the lowest ARPU rates in the world. Do you have a source or reference point for this?

https://www.wsj.com/articles/two-years-ago-india-lacked-fast...

Re: Facebook Takes $5.7B Stake in India’s Jio

#173

Post by haltingproblem »

just42 wrote: post #130
haltingproblem wrote: post #102

Earlier quoted context omitted.

Twice Mukesh Ambani has built telecom services that have lowered prices by an order of magnitude and greatly expanded coverage . Reliance Communications which Anil ran into the ground was built by Mukesh and changed the competitive landscape the first time around. Jio did it again and now India has the cheapest data in the world. I am struggling to understand what exactly is the problem and why is Jio a danger? Becau…

I am not sure why I am biting this, but here goes: If you are the only Internet people know and can afford, it doesn't matter if you are a private entity or the Govt. I can't satisfy your curiosity because I too also sincerely don't know what flavor of undesirable behavior a monopoly creates but that they create bad behavior is as intuitive to me as is breathing to anyone else. A first person anecodote which doesn't…

Lets assume it was them. So they are a danger to society because they have a bad offering. Switch to another provider.

You seem to be saying there is none so they are a defacto monopoly. And they have a substandard offering so they should not be allowed to offer one.

Re: Facebook Takes $5.7B Stake in India’s Jio

#175

Post by dntbnmpls »

achow wrote: post #44
sumanthvepa wrote: post #25

I'll take a contrarian view. This is good! All investment into India is good. (Yes even Chinese investment.) We are a poor capital starved country. We need every bit of cash we can get and that $5.7B will generate employment and create another strong telecom player. I strongly supported net neutrality in 2016 in India, but circumstances have changed. Jio needs the money, as does India. The poor cannot afford principl…

I'm partially with you - this maybe good. But saying all investment (special reference to China ones) is good, is taking it too far. It is already proven that China is new financial colonist [1] [2], infact last week India Govt passed a notice that any investment from China would be scrutinised.[3] [1] https://www.ft.com/content/186743b8-bb25-11e8-94b2-17176fbf9... [2] https://www.forbes.com/sites/panosmourdoukoutas/…

The anti-china propaganda is so self-unaware. In a post about Zuckerburg investing $5.7 billion, china is the "financial colonist". The saddest aspect of the anti-china propagandist is that they are actually arguing china's point. China limits foreign investment precisely because of "financial colonialism". So you are in fact praising china and saying india should be like china. Almost all of the world's FDI is non-chinese. Most of the world's FDI is from europe.

Re: Facebook Takes $5.7B Stake in India’s Jio

#176

Post by intended »

kinkrtyavimoodh wrote: post #172
intended wrote: post #171

Earlier quoted context omitted.

How? India had some of the cheapest plans in the world, and the indian telecom market is famous for having the lowest if not among the lowest ARPU rates in the world. Do you have a source or reference point for this?

https://www.wsj.com/articles/two-years-ago-india-lacked-fast...

I checked that, and the difference was that we went from among the cheapest internet costs in 2017, to even lower.

2017 figures and 2019 figures are significantly different if you are poor, however that doesn't mean that prices were high.

And there isn't anything like a free lunch - Reliance has achieved these costs through a variety of means, both legal and supra legal.

Their "creative" ways to abuse the network testing period for example (and the non response from the regulator), their use and harvesting of private data to inform other parts of their empire and their efforts to take over the market bode ill for India.

Remember that Net neutrality was won because we got lucky and there was enough political capital for people like Nilekani to also advocate for it through the government machinery.

However when NN 3.0 happens, Reliance will not let it pass.

With a market without competition, they will succeed - since they have to spend less effort competing and can afford their lobbying.

Re: Facebook Takes $5.7B Stake in India’s Jio

#177

Post by missedthecue »

webmobdev wrote: post #37
missedthecue wrote: post #11

Earlier quoted context omitted.

>(Bad for us consumers ofcourse.) explain?

- They've crippled the indian telecom industry by driving out many competitors through their anti-competitive behaviour of offering FREE services for nearly a year under the guise of "testing" their network. They were aided in this by the government who ignored the protests from the other players. - Then they offered services for very LOW prices. - Once the competitors were driven out, they've RAISED prices. And are…

This sounds like something Vodafone would write up. Jio prices now are lower than all their competitors prices were 5 years ago.

Even if Jio raised prices a little higher than they ever were, it doesn't therefore follow that the indian consumer is worse off for having the new player. And vodafone and others didn't leave the indian market. Jio isn't the only player in India. They'll always have competition that keeps them from raising prices to confiscatory rates.

Re: Facebook Takes $5.7B Stake in India’s Jio

#178

Post by moneywoes »

a-ve wrote: post #5

This is bad. One executive at Jio already confirmed they use DPI to monitor traffic on their networks, and their apps, be it their MyJio, JioTV, JioNews, etc. ask for almost every permission there is. Also, it looks like the Zuck hasn't given up on his internet.org thing yet. He failed the first time, might as well join hands with a person who literally is the Government in India. Can't switch to Idea because they we…

Think I missed the hacked by NSA part. Can you elaborate please?

Re: Facebook Takes $5.7B Stake in India’s Jio

#179

Post by sbmthakur »

_nedR wrote: post #167
sbmthakur wrote: post #105

Earlier quoted context omitted.

That's false. Anil Ambani's firm was chosen as an offset partner by Dassault, not by the Government. HAL wasn't interested in working as an offset partner. https://www.ndtv.com/india-news/rafale-deal-anil-ambanis-fir... > The Anil Ambani (who has since declared bankruptcy) company had zero experience in defence or aeronautics The company that you are talking about came into existence after Anil Ambani got stake in Pi…

Anil Ambani's firm was chosen as an offset partner by Dassault, not by the Government. "Chosen". As in forced to chose by the Indian govt. We know this because the French President literally said so in an interview. “We did not have a say in this,” Mediapart quoted Mr Hollande saying. “It was the Indian government that proposed this service group, and Dassault negotiated with Ambani. We did not have a choice. We took…

No, chosen means "chosen" in this context. Reliance defense is only one of the many offset partners. There is a long list of them. Did the government strong-arm Dassault to go with all of them? Something tells me that Dassault will have much better things to do.

https://akm-img-a-in.tosshub.com/indiatoday/images/bodyedito...

> “We did not have a say in this,”

French government said that there was no pressure on them. In such an important matter, I am more likely to believe the government than a news agency I have never heard of.

https://www.livemint.com/news/india/rafale-deal-france-says-...

Re: Facebook Takes $5.7B Stake in India’s Jio

#180

Post by mkbkn »

kumarvvr wrote: post #140
mkbkn wrote: post #131

Earlier quoted context omitted.

No one has problem with Hinduism. The problem is with Hindutva & bhakts.

No. This is a bland lie. What exactly about Hindutva dont you like? What about Hindutva ideology do you find un acceptable?

RSS is a terrorist organisation.
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