Reliance Jio Dhan Dhana Dhan Offer

[Pankaj Singhal]

It is just free money coming from Reliance's petroleum operations. If they had to actually raise funds from the market, they would have long gone bankrupt.

 

[Sudarshan61]

@Pankaj Singhal
Well...Check the Balance sheet
MDA is always hungry for cheap funds. RIL have got loans of around 1 lac+ Crores on books
from International market he have been able to get funds dirt cheap like 2% interest per year....
+petroleum operations is cash cow as well...generating 4000 Plus crore profit every Qtr

 

[TheIndianDragon]

Jio always finds a way to win

 

[r19]

So what are the speeds like now in Delhi? I'm all for cheap prices but what is important is they restrict usage to mantain QoS.

 

[warpspeed]

Speeds are pretty much capped at 512 Kbps in daytime. Wonder when the free services are going to stop.

 

[r19]

Isn't it now prime or 300+ only? Btw if Jio keeps going like this it could damage other networks too if they too decide to oversell

 

[efan]

I just confirmed what Nishant was saying that prime members will get 4 months free in summer surprise offer those recharged with 303 or 499 . Thats just unreal. I am amazed.I mean I know they are just giving freebies to attract customers but it also shows the profit margins which Giants like Airtel, Idea , Vodafone were earning before all this.

How's the 4th month free when you've paid for it? It's 3 months free then your 303 plan kicks in.

 

[Sushubh]

you are paying for the privilege services are free. lol.

 

[r19]

But means all have paid 300+, for 1gb/day? Then seems internet speed wouldn't improve for next whole year or most are expecting to drop after few months?

 

[Sushubh]

but these people are not freeloaders!