MoneyWorks4Me

Reliance Industries’ telecom arm launches new medium priced tariff plan

22 Oct 2019 Evaluate

Reliance Industries’ (RIL) telecom arm -- Reliance Jio Infocomm (Jio) has launched new medium priced tariff plan by marginally cutting the existing pack and adjusting the interconnection usage charges (IUC) in them. The three-month 2 GB per day pack will now cost only Rs 444 instead of Rs 448 with additional 1,000 minutes of offnet IUC min which would have come at nearly Rs 80, separately.

Similarly, the company has brought down cost of its two-month plan to Rs 333 and offer additional 1,000 minutes of outgoing calls. The company claimed that based on IUC charge, the additional 1,000 minutes would have costed customers nearly Rs 80, separately. The company has raised the price of Rs 198 monthly pack to Rs 222 by adjusting cost of IUC calls worth Rs 80 as it has done in other new plans.

Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.

Peers
Company Name CMP
Reliance Industries 1177.30
Indian Oil Corpn. 126.05
Bharat PetroleumCorp 286.70
HPCL 328.20
MRPL 174.00
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