Connect with us

Business

New Airtel data plans unlikely to hurt Reliance Jio’s growth in market

Published

on

Bharti Airtel, Reliance Jio, New plans of Airtel, Smartphones, Mobile phones, Business news

New Delhi: Bharti Airtel’s new data plans are unlikely to impact Reliance Jio’s market share as the latter’s plans are still competitive, said a report by Credit Suisse.

 

Bharti Airtel, Reliance Jio, New plans of Airtel, Smartphones, Mobile phones, Business news

 

Airtel has recently introduced two new schemes — Rs 48 plan that gives 3GB data with 28-day validity, and Rs 98 plan with 6GB data and 28-day validity.

“Jio’s plans stay more competitive (20-25 per cent cheaper) than Airtel and therefore Jio should continue to gain market share on smartphones,” it said.

 

New Bharti Airtel’s new data plans are unlikely to impact Reliance Jio market:

 

“The feature-phone offer by Jio is very attractive and we expect Jio to continue to add more than 10 million feature-phone users per quarter,” Credit Suisse said.

 

Bharti Airtel, Reliance Jio, New plans of Airtel, Smartphones, Mobile phones, Business news

 

On Airtel’s new data plans, the report said they were either meant for “voice-only customers to encourage them to start experiencing data and data top-up for existing combo plans that have daily data usage limit of 1-1.5GB”.

As per the report, the impact may not be substantial as Jio also offers unlimited calling plans along with 2GB data at Rs 98 compared with Airtel that provides the same at Rs 129.

 

Business

Tesla bags 200,000 orders for its futuristic ”Cybertruck”

Published

on

By

New Delhi: Elon Musk is back with a bang with his all-new “Cybertruck”. Irrespective of the controversies the all-new Tesla Cybertruck has gathered, it is one of the most radical wheels that has gone on sale in recent times and is becoming quite popular by the day.

Elon Musk took to Twitter to share that Tesla has already received 200k orders since the launch of the “Cybertruck” which was actually 3 days ago(22 November).

Tesla Cybertruck’s production is expected to begin in late 2020. The electric pickup truck is available in three trims — single motor RWD with a range of over 250 miles, dual-motor AWD with a range of more than 300 miles and tri-motor AWD with a range in the north of 500 miles.

The single motor RWD variant of the Cybertruck can go from 0 to 60 mph in below 6.5 seconds and has a towing capacity of over 7,500 pounds, while the dual-motor AWD trim can make 0-60 mph in under 4.5 seconds and boasts of a towing capacity of more than 10,000 pounds. Tesla claims that the tri-motor AWD variant of the vehicle is good for 0-60 mph in less than 2.9 seconds and gets a towing capacity of 14,000 pounds.

Given its relative performance and price, the Cybertruck could be a massive success for Tesla as it enters into the largest segment in the US market. Almost three million pickups were sold to consumers in 2018. If Tesla can carve off a tiny sliver of that, it’ll go a long way toward taking Tesla’s annual sales to the next level.

Continue Reading

Trending