When vodafone bought Hutch a few years back (so they could enter the Indian market), I saw an interview with the Vodafone ceo. He made a interesting comment. He said one of the things that would come from the deal is Hutch would should Vodafone how to offer services so cheaply. At the time the average monthly spend per subscriber in india was about $2. A fraction of what it was in the UK. So India was always ahead of the developed world in terms of pricing. But Jiro has definitely taking it to another level by offering crazy amounts of data with accompanying fast speeds for a price many Indians can afford.
Two Years Ago, India Lacked Fast, Cheap Internet – One Billionaire Changed That
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Re: Two Years Ago, India Lacked Fast, Cheap Internet – One Billionaire Changed That
#42I'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
Re: Two Years Ago, India Lacked Fast, Cheap Internet – One Billionaire Changed That
#43Well 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.
Re: Two Years Ago, India Lacked Fast, Cheap Internet – One Billionaire Changed That
#44I'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
In Russia for ~$7:
- Unlimited high speed data (4g)
- 500 sms per month
- 500 minutes
And you can probably get a better deal as well.
Re: Two Years Ago, India Lacked Fast, Cheap Internet – One Billionaire Changed That
#45Well 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.
Jio was never profitable from start. It won't be profitable anytime soon either.
Please note this isn't first time Mukesh Ambani is dipping his feet into telecommunications. He did before too, but he lost that business to Anil Ambani.
Apparently Jio is like his dream project.
Re: Two Years Ago, India Lacked Fast, Cheap Internet – One Billionaire Changed That
#46I'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
In Russia for ~$7: - Unlimited high speed data (4g) - 500 sms per month - 500 minutes And you can probably get a better deal as well.
We don't uave unlimited mobile data in Germany.
I think I pay 20€ for 3GB per month.
Re: Two Years Ago, India Lacked Fast, Cheap Internet – One Billionaire Changed That
#47Earlier quoted context omitted.
Perhaps you have a valid point in there, but it's not ok to fulminate like this on HN, so can you please not? I feel like we asked you this many times before and then you fixed it, so it would be good not to backslide. https://news.ycombinator.com/newsguidelines.html
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
Re: Two Years Ago, India Lacked Fast, Cheap Internet – One Billionaire Changed That
#48However, there are downsides to this. To compete with Jio. All the carriers have massively decreased the prices to match Jio. This has increased congestion in all metro areas.
Things don't work when I most need it. I cannot book an Uber in the middle of the city. The uber drivers struggle to get the navigation right. I sometimes hear "All channels occupied" error when I'm calling. I never knew such an error existed.
I had tried Jio in the initial days. The coverage was spotty at best. No one I know use Jio as a primary connection. Most people use a dual SIM phone, which I don't have.
Even if the access of internet has increased, the overall quality of cell service has decreased at lot, no matter what the carrier.
Edit: Bypass the paywall - http://facebook.com/l.php?u=https://www.wsj.com/articles/two...
Re: Two Years Ago, India Lacked Fast, Cheap Internet – One Billionaire Changed That
#49> Reliance has said little publicly about Jio, and even less about the potential for wide-scale data mining in a country where consumers have not, to date, made a big deal about online privacy. But top executives are clear on the opportunity.
> “It’s called Deep Packet Inspection, and what you can do with the analytics of that is mind-boggling,” said a senior Reliance executive, referring to a practice that digs into ‘packets’ of data created by computers for efficiency, mining them for information.
https://in.reuters.com/article/reliance-telecoms-jio-idINKCN...
Re: Two Years Ago, India Lacked Fast, Cheap Internet – One Billionaire Changed That
#50Earlier quoted context omitted.
You can get a 5GB/day plan for INR 799 (~$11) per month. That's more data than most will use in a single day. That's not all - you also get free access to Jio's music service, movie library, streaming TV, and cloud storage.
>>That's more data than most will use in a single day. Not to take away anything from your point. But I see plenty of cab drivers watch movies, youtube and use other services like Google maps. But there are other inspiring stories. A few months back I saw a video of street flute seller who learned to play the flute through the internet. Here is one story of a Coolie who prepared for civil services exams using interne…
In the UK I have do all that on a a VDSL connection capped to 120GB per month and at four times the price.