Will Jio Fiber’s bundled broadband plans leave DTH companies vulnerable?

NEW DELHI: Reliance Jio’s bundled broadband services plans may leave DTH firms “most vulnerable”, and work out to be “neutral to slight negative” for Bharti Airtel, as it raises competitive heat in corporate and home internet space, a Bank of America Merrill Lynch report said on Tuesday.

The view comes after Reliance Industries on Monday revealed its plans for fixed line broadband services ‘Jio Fiber’ that will offer optical fibre-based ultra high-speed internet bundled with HD television viewing at less than one-tenth of global rates.

Bank of America Merrill Lynch said that direct-to-home (DTH) companies could be “most vulnerable” to Reliance Industries’ bundled broadband and cable services as they are unlikely to offer dual services.