Reliance Jio Infocomm Ltd.’s newly launched postpaid plans indicate a shift to higher earnings and lowering of intensive competition in the telecom space, India Ratings and Research said in a report on Friday.
The postpaid plans indicate Jio’s continued steps towards improving the industry-level average revenue per user, India Ratings said.
The tariff differentiations between Jio, Bharti Airtel and Vodafone Idea have also been gradually thinning away over the past nine to 12 months, indicating lowering competition intensity, it said.
It can be noted that since its 2016 launch, the deep-pocketed Jio’s aggressive play has led to a radical change in the industry, which has delivered services at cheaper rates to the common people, but hurt the finances of telcos and led many operators to exit and also file for bankruptcies.
India Ratings said Jio’s plans do not threaten the postpaid customer…