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Idea, Airtel tank upto 9% on Rel Jio's lower tariff offers

 PTI |  2016-09-01 14:46:54.0  |  New Delhi

Idea, Airtel tank upto 9% on Rel Jio

Idea Cellular tanked 9 per cent to Rs 85 -- its 52-week low on BSE.

Shares of Bharti Airtel dropped 8.99 per cent to Rs 302.

Ambani also announced a 'free welcome offer' for Jio customers from September 5 till December 31. R Jio will offer users data services free for four months, after which it will offer 10 tariff plans starting at Rs 19 a day for occasional users, Rs 149 a month for low data users and Rs 4,999 a month for heavy data users.

At the RIL's 42th Annual General Meeting, the billionaire industrialist said Jio is targeting 100 million users in a shortest possible time.

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