Reliance Jio's postpaid plans turn up the heat on Airtel and Voda Idea

The stocks of Bharti Airtel (Airtel) and Vodafone Idea (Vi) shed 8-10 per cent each after Reliance Jio (Jio) rolled out a slew of postpaid plans aimed at the lucrative postpaid telecom market.  Jio on Tuesday announced plans ranging from Rs 399 to Rs 1,499, with higher-priced packs coming with increased data and bundled applications. At the entry-level price point, postpaid packs of Airtel and Vi are at a 25 per cent premium to those launched by Jio.  Though Jio had postpaid plans before the new plans, it did not get traction, given limited options and lack of bundled app.....

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