India’s telecom price war is back, and this time the battle is being fought with freebies. After announcing the first tariff increase in three years in 2019, telecom carriers are offering incentives such as subscriptions to services from Netflix to Amazon Prime to win customers in a content-hungry market. With theaters in India, among the biggest film markets globally by number of tickets sold,
closed due to pandemic restrictions, the demand for entertainment content has shifted online. Several big-budget local films have been released on streaming platforms this year.
On Tuesday, Reliance Jio Infocomm Ltd., the country’s biggest telecom company by subscribers, launched a new 399-rupee ($5.4) plan for users who opt for monthly billing instead of pay-as-you-go packs. Besides 75 gigabytes of data, customers would get access to Netflix on a mobile device and one-year subscription to two over-the-top applications and access to Jio’s movie and songs library.
“Reliance Jio’s new postpaid plans offer more content and come at 20% discount” to Bharti Airtel Ltd., analysts at Jefferies India Pvt. said in a report to clients. Bharti’s comparable entry-level plan is priced at 499 rupees and offers the same amount of data but doesn’t include access to Disney+ Hotstar and Netflix, while Vodafone Idea Ltd.’s plan offers 40GB data and doesn’t include any of the
