Analysts see limited impact of JioPhone 2021 on Bharti Airtel, Voda Idea

Those at Jefferies believe RJio's primary focus is still on gaining subscribers, which dampens expectations of tariff hikes going ahead

Reliance Jio’s new bundled offer – JioPhone 2021 – giving customers a handset, up to two years of unlimited voice calls, and 2 GB data per month for one-time payment of Rs 1,999 may not be enough to scare completion, feel analysts. A one-year plan from RJio with similar benefits is available for Rs 1,499. For existing users, the plan is priced at Rs749 with one year validity, with similar voice and data allowance.

Jio’s aggressive efforts earlier, according to analysts at Emkay, to capture post-paid subscribers from Bharti and Vodafone Idea Limited (VIL) have not worked well despite multiple attempts.