By Pratik Chourdia
If you think #Jio Phone is Free, here are possible facts
- RIL earns interest on your Rs 1500 deposit, consider Rs 150 a year and Rs 450 in 3 years
- Internet package revenue around Rs 150 from each phone, that is Rs 1800 per year revenue . If 10% is a profit margin, it is Rs 180 per year
- Advertisement revenue sharing with google and other advertisement channels, consider Rs Rs 500 per year
In 3 years
Rs 450 interest
Rs 540 internet profit
Rs 1500 ads revenue
Min 2490 Rs in 3 years profit …
Multiply Rs 2490 with at least 10 Cr subscribers
Rs 24900 Cr of profit in 3 years.
If you are asked to buy feature phone of Rs 2490 value today, you won’t buy it but for #Free tag everyone will buy.
We love free and RIL knows it very well.
But RIL has capabilities to bring capital on table through investors and shareholders.
As a business, they have no competition for their capabilities to deploy capital at such a large scale.
(Declaration : The views are authors personal and figures are based on his assumptions )
ये क्या बकवास है खबर की हेडिंग हिंदी में और बाकी पूरी खबर अंग्रेजी में खबर बनाने वाले को अंग्रेजी से हिंदी का रूपांयरण नही आता या फिर अपनी रौब झाड़ने के लिए पूरा मीटर कॉपी करके पेस्ट कर दिया
आपको हुई असुविधा के लिए हमें खेद है। हम पूरी कोशिश करेंगे कि भविष्य में इसकी पुनरावृत्ति न हो
मध्यमत टीम