NO INVITE NEEDED: Reliance Jio offers free SIM with LYF phones ahead of launch – Credit Suisse

reliance-jioInternational broking and financial services firm Credit Suisse said Reliance Jio’s unlimited 4G preview offer is now available without any invites.

Under the pre-launch offer, the company gives unlimited calls, data, app subscription and SMS for a period of 90 days for anyone buying a LYF branded handset.

“… our checks showed that in at least a few stores in a couple of cities we checked, a walk-in customer buying a Lyf Handset will get a SIM connection,” a report authored by Credit Suisse Research and Analytics said.

The Credit Suisse team has been among the few in the analyst community with a strong opinion about the impact that the launch of Reliance Jio will have on the telecom landscape of India.

While most telecom analysts think Jio’s launch will not cause any drastic change in the market, Credit Suisse has been warning that it would hurt margins of incumbent operators such as Bharti Airtel and Idea Cellular substantially.

It reiterated its stance today. “Our negative view on telcos stays, with twin risks of upcoming spectrum auctions and RJio launch.”

LYF PREVIEW OFFER TO BE A HIT

The Credit Suisse team, led by Sunil Tirumalai and Viral Shah, put a value of around Rs 9,000 on the unlimited offer.

Given that the offer can be availed by anyone who buys LYF phones starting from Rs 4000 onwards, the analysts said the offer could give a strong lift off to Reliance Jio’s subscriber acquisition journey.

“Airtel’s highest 4G plan for 15GB costs Rs3000 per month. Thus, RJio’s offer is worth at least Rs 9000 – while the Lyf handsets start from Rs4000. We suspect this should be sufficient to get a few million users on board.”

Reliance Retail is estimated to have around 5 mln LYF branded handsets out in the market today.

At the same time, said the analysts, “the requirement of buying a phone (a new brand at that) to get the connection means that this is not meant to be the big bang mass offer yet.”

Credit Suisse also said it found Jio’s network to continue to remain robust.

“We continue to see the network holding up well on coverage and speeds (20mbps+ vs 12-15mbps for other 4G networks) across multiple cities and towns we have visited recently.

“On the flip side, some of our team members faced some glitches in the subscriber enrolment process.”

Though Jio has not launched yet, its pre-launch 4G offer could hit data revenue of big incumbents, the firm said.

“We suspect the full fledged impact of RJio launch will hit only with the commercial launch whenever it happens (is the 3 months intro offer an indication?). However, for the few million users who are likely to take connections now, we would expect a sharp drop in their data recharges on their regular SIMs.”

Jio has also unveiled its website over the last couple of days.



Reliance Jio NOT TO EXTEND free data offer after March Reliance Jio will not be extending its Happy New Year free data offer beyond March 31, according to our sources in the company.The clarification comes in the wake dozens of reports claiming that it will extend the free scheme beyond the March 31 deadline into June."There is zero chance of that happening," said a senior official in the company's sale...
Idea Cellular – Vodafone merger announcement soon? Idea Spectrum HoldingIdea Cellular has put off the trimonthly meeting of its board of directors scheduled to take place tomorrow, raising speculation that it may soon announce a merger or deal with Vodafone India.The meeting was supposed to take on-board results  of the telecom operators' working the three months from October to December.After t...
Reliance Jio now allowing unlimited night downloads under Happy New Year plan Reliance Jio is now allowing its users to download an unlimited quantum of data at night under its Happy New Year offer.This is different from the earlier practice of allowing users to consume only 4GB of data per 24 hours.With this new feature, subscribers can download or consume 30 GB or 40 GB or even more data between 2 am and 5 am without aff...
How to overcome Reliance Jio’s 1GB limit by timing your downloads According to our tests, it is possible to download more than 1 GB using a single Reliance Jio connection using the Happy New Year offer.According to our tests, there is no limit on the number of GBs that can be downloaded under the Happy New Year offer between 2 AM and 5 AM.In our tests, we have been able to download over 40 GB in one night, without ...
Vodafone halves 4G data prices: 4 GB at 255 | 22 GB for 999 Vodafone has halved data prices, six months after cutting them by about 40%.Under the new 4G tariff announced today, customers will get 4 GB of data for Rs 250 and 22 GB for Rs 999.These are roughly half of the prevailing data rates in the market.The current data price in the market is 2 GB for Rs 250 and 10 GB for Rs 999.Vodafone is also off...
1GB LIMIT: Reliance Jio starts restoring full speed at end of day Reliance Jio, India's largest provider of wireless data, has modified its bandwidth limitation policy to restore full speed for the subscriber under its Happy New Year offer the next day.So far, a 4G subscriber who crossed the daily FUP limit of 4GB or 1GB had to wait for exactly 24 hours for Jio to lift the speed limits.Under the new policy, he ...
Airtel doubles 3G speed in Delhi with more spectrum Bharti Airtel, India's top telecom provider, introduced its second 3G carrier in Delhi, more than doubling the speed of the existing network for most smartphones.Not only has the company introduced a second 'carrier' (block of spectrum) adjacent to the first one, it has also implemented the technology to merge the two blocks into one, thus boosting downl...
BSNL to start 4G services only after April – CMD Bharat Sanchar Nigam Ltd, the state-owned telecom services provider, will start its 4G services only in the next financial year that starts in April."BSNL is likely to start 4G services in 2017-18," Anupam Shrivastava, the chairman and managing director of the company said.The company has fallen far behind all its rivals in putting up 4G networks e...
BSNL to soon relaunch Rs 498 “truly unlimited” 3G plan, new packs on Republic Day State-owned Bharat Sanchar Nigam Ltd has decided to "relaunch" its 14-day "truly unlimited" 3G plan, chairman and managing director Anupam Shrivastava said today.The plan, introduced in early December, was pulled after only one month. It offered truly unlimited 3G data usage at just Rs 498 with a validity of 14 days.The 498 recharge was one of th...
SUPERHOUR: The SECRET behind Vodafone’s Rs 16 offer It is no secret that India's second biggest telecom operator by revenue -- Vodafone -- is under threat from a rapidly growing No 3 -- Idea Cellular -- and an aggressive newcomer -- Reliance Jio.Though Idea is still behind the British firm when it comes to total revenue, Idea has already overtaken Vodafone as far as the data business is concerned, acc...
Vodafone 4G reaches UP West; Goa, Chennai, Punjab next Vodafone has launched its 4G network in UP West and Uttarakhand offering "4 times" as much data for a 1GB pack.Among the first wave of cities are Dehradun, Haridwar, Aligarh, Nainital and nine other prominent business, tourism and educational hubs."4G services will soon be available across several other major towns across the circle by March 2017...
Bharti Airtel offers 3GB of 4G data free per month for one year, with conditions Bharti Airtel, which has come up with various 'free data' schemes of late, has kicked off one more such scheme -- offering 3 GB of free data per month for those availing certain handpicked recharge and billing schemes.For prepaid users, the free data is available if they recharge Rs 345 per month. The Rs 345 recharge also gives free unlimited voice calls...
Reliance Communications sells its towers to Brookfield for $1.6 bln Reliance Communications Ltd announced the signing of binding agreements with Brookfield Infrastructure for the sale of nationwide tower assets to Brookfield Infrastructure Partners LP and its institutional partners.RCOM will receive an upfront cash payment of Rs. 11,000 crore (US$ 1.6 billion).RCOM will also receive Class B non-voting shares in t...
Bharti Airtel completes pan-India 4G with Assam; offers 10 GB for Rs 249 Bharti Airtel launche its 4G services in Assam, starting with Dibrugarh and Tinsukia. "With this, customers in Dibrugarh and Tinsukia can now enjoy high speed mobile broadband on Airtel 4G and get on to the digital superhighway to enjoy uninterrupted HD video streaming, superfast uploading and downloading of movies, music and images," the company said. ...
Fitch downgrades Anil Ambani’s Reliance Communications over Aircel merger Fitch Ratings has downgraded India-based Reliance Communications Limited's long-term rating to 'B+' from 'BB-'."It is our view that Rcom's plans to demerge its wireless business into a 50:50 joint-venture and sell 51% of its tower business, Reliance Infratel Ltd (Infratel), will be negative for Rcom's creditors, even if receipts from the tower transactio...