131–140 of 152 posts
Well that billionaire raised a loan of $14 Billion from the Indian Banks to start Jio and recently he again raised additional $500 Million, such huge investments rarely recover if at all. Previous 5 quarters are showing a loss.
Citation needed. Most of the large businesses you see in the world today have, over their lifetime, raised much more than that in investments.
why is this article behind a wsj paywall ?
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Had to re-read to see 1.5 GB per day . Wow. I used to think we had it good in Austria (10GB for €10 per month ). But that is fantastic.
In Europe, the wired broadbands are cheap and fast. In India, there is no hope for cheap and fast wired broadband due to poor planning. Hence the craze for 4G. Also, the rates are marginal. For a long time, the rates induced loss for companies.
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Not sure where you got such wrong information by tunnel boring machines. They are widely used and are cheap (don't believe 1 billion$ per mile some businessman sells you). Both Delhi and Mumbai have used tunnel boring machines. Indian metro cost 30-100 million dollars per mile based on property prices, number of stations, and ratio of underground/overground. Don't know the breakdown, but have read that the major cost…
>>Not sure where you got such wrong information by tunnel boring machines. I'm not saying they don't use it. I'm saying they don't buy it. They lease it. Bangalore Metro's snail pace is largely due to inability to afford renting more TBM's. TBM's are not cheap. Not for the budget projects like Bangalore(and other cities get) metro gets. Delhi and Mumbai are a different deal, as government spends money through a fire…
I'm on Jio and paying $5 for 84 days. I get 1. Free voice calls 2. 100 SMS/ day 3. 1.5GB High speed data/ day (20+ MBPS)- Post which unlimited @ 64 Kbps 4. Subscription to Jio apps like Music/ Movies/ News The page shows pricing at $5.7, everyone I know has always received a discount voucher for Rs 50. https://www.jio.com/en-in/4g-plans
I am green with envy. South Africa, data is so expensive I literally only check my WhatsApp messages when using cellular networks. Everything else I do when I connect to ADSL backed WiFi connection. Here are two deals being advertised on Vodacom (vodafone), the largest cellular network in SA. Per month. (Yes it is MB not GB). $35 400 Minutes 900MB 400 SMSs $50 600 Minutes 1200MB 600 SMSs Note: Rand has dropped from U…
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Out of topic, out of curiosity: Is one person behind this profile? Do multiple people share the login info? During my years of HN usage, I don't remember ever seeing another username enforcing the rules, only yours.
dang is an actual person: https://blog.ycombinator.com/meet-the-people-taking-over-hac... sctb also moderates: https://news.ycombinator.com/item?id=12073675
This highlights how far the US is lagging behind in terms of Internet access and cost. Paying 60$/month or more for mediocre speeds is common even in major urban areas, due to the lack of competition. I live in the heart of Boston and only have one ISP I can buy service from. And there is no mobile alternative that offers (truly) unlimited, fast, and affordable data.
I'm on Jio and paying $5 for 84 days. I get 1. Free voice calls 2. 100 SMS/ day 3. 1.5GB High speed data/ day (20+ MBPS)- Post which unlimited @ 64 Kbps 4. Subscription to Jio apps like Music/ Movies/ News The page shows pricing at $5.7, everyone I know has always received a discount voucher for Rs 50. https://www.jio.com/en-in/4g-plans
Great but let's see how the pricing holds...he's well funded to keep killing the competition for quite a while. Then, you'll see his real intentions
I'm on Jio and paying $5 for 84 days. I get 1. Free voice calls 2. 100 SMS/ day 3. 1.5GB High speed data/ day (20+ MBPS)- Post which unlimited @ 64 Kbps 4. Subscription to Jio apps like Music/ Movies/ News The page shows pricing at $5.7, everyone I know has always received a discount voucher for Rs 50. https://www.jio.com/en-in/4g-plans
I heard the service is cheap but quality is bad?
Yes, he is the game changer when it comes to bringing fast and cheap internet in India (along with unlimited calls, data, 'national roaming' etc.). Unlike some countries like US, national roaming wasn't really free in India until Jio happened. So much that it forced every other telecom company in India to have similar plans (at least close to that) even if that meant huge downfall in their profit. Such is the power o…