71–80 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.
The infrastructure he built is sure going to be used for years to come.
But then you realize he is a business man. duh.
Earlier quoted context omitted.
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.
Earlier quoted context omitted.
We don't uave unlimited mobile data in Germany. I think I pay 20€ for 3GB per month.
That sounds like you have a O2 Boost contract which is theoretically "unlimited" you just get throttled to ~60kbits after the cap
Yes, it's just that I don't get nearlY 60kbits when it's throttled
THIS. For mere $6 I can have 1.5GB of data everyday for 84 days. Not to mention unlimited calls and 100 messages/day. Edit: Also, they have free services like Cinema, TV, Music, Cloud, etc all included with that $6 plan.
It's not 'free' it's being subsidized by someone somewhere.
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 $5.7, everyone I know has always received a discount voucher for Rs 50. https://www.jio.com/en-in/4g-plans
100$ for 200GB 4g plan on China Mobile Pakistan
One of the reason for India's economic success in the digital age is awesome and affordable telecommunications infrastructure.
You can't run a good start up ecosystem, or even a decent economic ecosystem without these things these days.
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.
It's like people gave him money to build the required infrastructure. I wonder if this is possible in other sectors. The infrastructure he built is sure going to be used for years to come. But then you realize he is a business man. duh.
It is.
Some of the ideas that has clicked in India in the recent past are things like PPP(Public private partnership), BOP(Build and operate) models. Basically you build out highways and other national infrastructure and then you recover the money from toll.
These days you can exit Bangalore in any direction, and have access to darn good highways. I typically travel to districts around Bangalore to see my relatives, and the highway infrastructure is almost on par with international standards. And this is with every single exit route from Bangalore. Karnataka in general has good infrastructure.
Even inside Bangalore, the NICE road and elevated highway reminded me of US freeways. Very clean, and high quality roads.
You have to pay toll though. It largely works. Ultimately if you have enough economic activity, things will pay for themselves.
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
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.
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
However, 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.…