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For 6 dollars 50 cents, you get 1.5 GB/day for 91 days. Data-plans on offer: https://www.jio.com/en-in/4g-plans https://www.jio.com/en-in/4g-plans And they ma

by harias 7y ago

For 6 dollars 50 cents, you get 1.5 GB/day for 91 days. Data-plans on offer: https://www.jio.com/en-in/4g-plans https://www.jio.com/en-in/4g-plans And they manage to remain profitable (only-telco in India that reported profit this quarter) : https://www.business-standard.com/article/pti-stories/reliance-jio-q4-net-profit-jumps-64-to-rs-840-crore-119041801060_1.html https://www.business-standard.com/article/pti-stories/relian...

taneq 7y ago
Holy crap, why am I paying $35/mo for 500mb? >.<
- asaddhamani 7y ago
  Greed.
  - randyrand 7y ago
    All big companies are greedy (and typically are required by law). So that’s the one thing that isnt different.
- krzyk 7y ago
  Where are you? In Poland I pay ~ 13.30 USD for 12 GB per month (with additional 12 GB on top of that for 1 year) + unlimited calls/sms/mms. And my plan is pretty crappy in comparison to currently available ones.
  - johnchristopher 7y ago
    Belgium, here. I pay €20 for 4gbyte and unlimited call and SMS.
  - philjohn 7y ago
    In the UK Three does a sim only plan that offers unlimited data (I've pulled down 100GB in a month before), tethering and use abroad (including the US) for £20 a month on a two year contract.
  - agsamek 7y ago
    Crappy indeed. $7/mo for 15GB/mo is a current standard in Poland. I'm at 10GB/mo, $7/mo because I'm lazy recently and never used that much.
- H8crilA 7y ago
  To counter-act this simply position yourself on the other end of American ridiculous data prices: buy $AMT, $SBAC. Those are cell tower REITs. They're up >900% and >2000% since the 2009 crisis.
  - Scoundreller 7y ago
    They’re up because they’re leveraged to the hills. Investing in them is a play on interest rates more than anything. Lots of télécoms came out like bandits by selling their infrastructure at very high valuations.
    - Danieru 7y ago
      I'd love to learn more on your opinion about these REITs. Looking at the lastest financials report: https://s22.q4cdn.com/758587962/files/doc_financials/quarterly_supplemental/2019/q1/Supplemental-Financial-Data-Q1-2019.pdf https://s22.q4cdn.com/758587962/files/doc_financials/quarter... They are reporting a leverage ratio of ~7. My initial hot-take: That's a leverage multiple; not a ratio. Yet reading their formula they are reporting that 7 as DEBT / PRE-DEPRECATION-PROFIT. Thus such a formula is not an LTV but rather a formula one might use if one acknowledged the underlying assets only had cashflow value. Using an LTV formula they look more reasonable at 0.7LTV. Which indeed is high, about half the equity common to the REITs I've looked at. Yet with a 10% return on invested capital it does not seem the infrastructure was overvalued. Now this is not an area I know much about so I'm mostly hoping you can show me where I'm wrong and thus I can learn more.
      - H8crilA 7y ago
        Honestly I have no idea how their financials look like, I'm simply playing trends (I've even bought into BYND and exited at some profit). But one thing I do know is that the stock prices of AMT and SBAC do not look particularly different in the times when rates were going up (Oct 2015 - Dec 2018 [1]). Of course such behaviour could be just long term market delusions, so trade with caution! [1] https://fred.stlouisfed.org/series/TB3MS https://fred.stlouisfed.org/series/TB3MS
- IAmEveryone 7y ago
  Median income in India is $1670. That's per year, not month!
- toast0 7y ago
  In the US, if you're not on prepaid, you're paying too much. T-mobile and Verizon have reasonably priced options in direct prepaid. Although, you won't get much cheaper than $35, you should have more high speed data for that, along with unmetered slower data. Third party (or wholy owned subsidiaries) MVNOs are often less expensive as well.
  - ac29 7y ago
    My $40 T-mobile postpaid plan has unlimited 4G/LTE data (non-throttled, but only 6GB can be used for tethering).
  - sokoloff 7y ago
    I have 5 lines (3 actively used, 2 mostly dormant) active on Ting (an MVNO) and our total bill is usually $55-65/mo all-in (post-paid).
z3phyr 7y ago
I have a PS4, and before Jio, I purposely did not update my games (Witcher3 had a 20GB update). Even after getting a Jio connection, it was too time consuming. And then, I found out I have 3 10GB vouchers! And I usually get more, the more ads I consume. EDIT: English sentence structure
Joakal 7y ago
Australia: 3 GB for 30 days $15 AUD or 15 GB for 1 year $99 AUD https://www.aldimobile.com.au/plans/data-packs/ https://www.aldimobile.com.au/plans/data-packs/
- nmridul 7y ago
  The India data is per day..so for 90 days total bw is 1.5x90 GB
  - wtmt 7y ago
    The per day limits get reset at midnight everyday, AFAIK. At least with some providers (or all?) there is no carryover of unused data day by day. It would be 1.5GBx90 only if the user uses 1.5GB every single day.

by harias 7y ago

taneq 7y ago

Holy crap, why am I paying $35/mo for 500mb? >.<

asaddhamani 7y ago
Greed.
- randyrand 7y ago
  All big companies are greedy (and typically are required by law). So that’s the one thing that isnt different.
krzyk 7y ago
Where are you? In Poland I pay ~ 13.30 USD for 12 GB per month (with additional 12 GB on top of that for 1 year) + unlimited calls/sms/mms. And my plan is pretty crappy in comparison to currently available ones.
- johnchristopher 7y ago
  Belgium, here. I pay €20 for 4gbyte and unlimited call and SMS.
- philjohn 7y ago
  In the UK Three does a sim only plan that offers unlimited data (I've pulled down 100GB in a month before), tethering and use abroad (including the US) for £20 a month on a two year contract.
- agsamek 7y ago
  Crappy indeed. $7/mo for 15GB/mo is a current standard in Poland. I'm at 10GB/mo, $7/mo because I'm lazy recently and never used that much.
H8crilA 7y ago
To counter-act this simply position yourself on the other end of American ridiculous data prices: buy $AMT, $SBAC. Those are cell tower REITs. They're up >900% and >2000% since the 2009 crisis.
- Scoundreller 7y ago
  They’re up because they’re leveraged to the hills. Investing in them is a play on interest rates more than anything. Lots of télécoms came out like bandits by selling their infrastructure at very high valuations.
  - Danieru 7y ago
    I'd love to learn more on your opinion about these REITs. Looking at the lastest financials report: https://s22.q4cdn.com/758587962/files/doc_financials/quarterly_supplemental/2019/q1/Supplemental-Financial-Data-Q1-2019.pdf https://s22.q4cdn.com/758587962/files/doc_financials/quarter... They are reporting a leverage ratio of ~7. My initial hot-take: That's a leverage multiple; not a ratio. Yet reading their formula they are reporting that 7 as DEBT / PRE-DEPRECATION-PROFIT. Thus such a formula is not an LTV but rather a formula one might use if one acknowledged the underlying assets only had cashflow value. Using an LTV formula they look more reasonable at 0.7LTV. Which indeed is high, about half the equity common to the REITs I've looked at. Yet with a 10% return on invested capital it does not seem the infrastructure was overvalued. Now this is not an area I know much about so I'm mostly hoping you can show me where I'm wrong and thus I can learn more.
    - H8crilA 7y ago
      Honestly I have no idea how their financials look like, I'm simply playing trends (I've even bought into BYND and exited at some profit). But one thing I do know is that the stock prices of AMT and SBAC do not look particularly different in the times when rates were going up (Oct 2015 - Dec 2018 [1]). Of course such behaviour could be just long term market delusions, so trade with caution! [1] https://fred.stlouisfed.org/series/TB3MS https://fred.stlouisfed.org/series/TB3MS
IAmEveryone 7y ago
Median income in India is $1670. That's per year, not month!
toast0 7y ago
In the US, if you're not on prepaid, you're paying too much. T-mobile and Verizon have reasonably priced options in direct prepaid. Although, you won't get much cheaper than $35, you should have more high speed data for that, along with unmetered slower data. Third party (or wholy owned subsidiaries) MVNOs are often less expensive as well.
- ac29 7y ago
  My $40 T-mobile postpaid plan has unlimited 4G/LTE data (non-throttled, but only 6GB can be used for tethering).
- sokoloff 7y ago
  I have 5 lines (3 actively used, 2 mostly dormant) active on Ting (an MVNO) and our total bill is usually $55-65/mo all-in (post-paid).

z3phyr 7y ago

I have a PS4, and before Jio, I purposely did not update my games (Witcher3 had a 20GB update). Even after getting a Jio connection, it was too time consuming. And then, I found out I have 3 10GB vouchers! And I usually get more, the more ads I consume. EDIT: English sentence structure

Joakal 7y ago

Australia: 3 GB for 30 days $15 AUD or 15 GB for 1 year $99 AUD https://www.aldimobile.com.au/plans/data-packs/ https://www.aldimobile.com.au/plans/data-packs/

nmridul 7y ago
The India data is per day..so for 90 days total bw is 1.5x90 GB
- wtmt 7y ago
  The per day limits get reset at midnight everyday, AFAIK. At least with some providers (or all?) there is no carryover of unused data day by day. It would be 1.5GBx90 only if the user uses 1.5GB every single day.