Shares of Idea Cellular and Bharti Airtel tumbled up to 12 per cent today as telecom operator Reliance Jio announced a new post-paid plan. Also Read - Jio maintains lead in 4G download speed, Vi in upload in May: TRAI
The scrip of Idea tanked 12 per cent to Rs 51.30 on BSE. Also Read - Airtel launches new Rs 456 prepaid plan: Check data, validity, call and other benefits
Shares of Airtel too slumped 6.69 per cent to Rs 384.65. The stock was the worst hit among the 30-bluechip stocks. Also Read - Jio Freedom Plans 2021: Jio launches 5 new prepaid plans with no daily data limit - check details
Reliance Jio yesterday announced a new post-paid plan with monthly rental of Rs 199, and an ISD calling service at a starting price of 50 paise per minute.
The company also announced international roaming service with outgoing calls at Rs 2 per minute onwards.
“‘Zero-Touch’ post-paid plan to offer unlimited benefits at Rs 199 per month, international calling starting at 50 paise per minute and international roaming at Rs 2 for voice, data and SMS for all Jio customers,” Reliance Jio said in a statement yesterday.
The subscription for the plan will start from from May 15.
This is published unedited from the PTI feed.