Zee Media Bureau
New Delhi: Telecom arm of Mukesh Ambani-led RIL, Reliance Jio, is gearing up for a soft launch of its 4G services soon.
Jio has already launched services for Reliance group employees and their friends three months back.
For the soft launch, customers should be able to pick up a Jio SIM card for Rs 200, which should come with free data and voice valid for three months (as a benchmark the free usage offered to employees in the December launch was 75GB data and 4500 mins calls).
"The tariffs post the three-month period are unknown," Credit Suisse said. "It needs to be seen if a customer needs to buy a Lyf handset to get the SIM, or if the SIMs will be sold standalone (the store attendants suggested standalone)."
Credit Suisse, which has held a more aggressive view of the impact of Reliance Jio on Indian telecom and rivals like Bharti Airtel and Idea Cellular, said: "Our cautious view on Telco stocks stays, with upcoming spectrum auctions and RJio launch.
With PTI Inputs