Vodafone’s New Rs 392 Plan to Power the Telecom Market In India

Posted on: Oct-2017 | By: QY Market Research | Service

Vodafone has launched a new plan of Rs 399 for its prepaid consumers. The Rs 399 plan of the 2nd largest telecom operator of the country provides unlimited STD and local calling as well as 90 GB data for a time of 6 Months from the time of the recharge. The new Rs 399 plan of Vodafone balances an analogous value scheme declared last week by Reliance Jio. This introduction of Rs 392 plan is to fuel the telecom market in the country.

The “Diwali Dhan Dhana Dhan” scheme of Reliance Jio provides 84 GB data and unlimited calling for 84 days. In addition to this, the firm is also providing a cash back of Rs 400 to the users who will benefit this offer. As part of the cash back, the telecom company will provide 8 vouchers valuing Rs 50 each (totaling to Rs 400), which can be used on recharges of Rs 91 and onwards and on upcoming recharges of Rs 309 or onwards. Here are some more points affecting the Global telecom market.

The main reasons that are affecting the development to the global telecom market are the increasing hard work that are done in order to install the 4G and 5G networks, growing infiltration of the technology all over the world, and the evolution in the IoT. The other reason that is propelling the market is the broad usage of the exaggerated services due to the rising demand from the industry for the non-linear media. Noteworthy breaks for the global telecom technologies market will be unlocked due to the introduction of the big data. Various leading market players have announced affordable network plans which are fueling the market. Huge investments are successfully made for the R&D processes of the telecom technology. Due to the rising number of businesses, various operators that are playing in the telecom industry since ages have enhanced the connectivity and capacity of their network which can be held accountable for growth of the market.

Conversely, hefty cost for deployment, maintenance, and up gradation of the devices utilized in the telecom market is hindering the global market.