I remember those days when folks like us used to pay 250rs for 1 GB of data for mobile.
I'll give you my personal example. I've already mentioned a few times that i personally use an enormous amount of data per month. Ironically today i had to cut my internet line due to the construction work on my property and construction activities would go on for a couple of more days and I wanted connectivity immediately due to some work so i quickly recharged my JIO number ( mind you recharging my number after 3-4 years gap) and it cost me only 219 rs for 3 GB Per day for 14 days.
If consumers are getting benefits then these sorts of competitions are welcomed, other parties should up their game and compete with the jio. I noticed Mittal's recent bitching on Ambani's strategy, tbh former was the main beneficiary of high data price and that monopoly was destroyed by the latter.
Completely agreed. Ambani is not doing anything unethical. It is a free market and anyone can come up with such schemes. The competitors (in this case, mostly Disney-Star and Sony LIV) are not angels. They have spiked their subscription fee manytimes in the past (and in case of Disney-Star platform Hotsar, that was done without any corresponding improvement in the quality). Whatever Jio earns in profit will remain in India, while Disney-Star and Sony are partly owned by foreign corporations.
BTW, I find it very interesting that you mentioned about Sunil Mittal. If he had provided services at affordable rates, then there would have been no vacuum for Ambani to take advantage of it. But he only cared about the short term benefits and was busy bribing the ruling party politicians of that time (2004-14).