Reliance jio does it again.. what to do with airtel stock

A week ago i wrote that maybe it waa time to buy the airtel stock.

I was seeing that the pressure on profits was forcing them to not give away additional discounts.I had tried even going to Twitter.. with the same result... no discount

I felt it was time to buy.. until yesterday when reliance jio launched the next wave .. driving towards the post paid segment and the isd rates.

The difference is quite high, the market is again going to be disrupted... and people.. including me will move or take up another sim card with jio for my international calls.

Usually i use whatsapp when i dial internationally, but a lot of people are not on whatsapp. Especially in the US.  ( dont ask me why).

So when i then compare the rates of 50p per min vs 8 rs per min.. it makes absolute sense for me to get a jio number.. even if it is only for the international calls.

There are of course disadvantages of jio.. the lte features doesnt work once you go out of the main cities.. and there is zero connection there. .. i had tried that once when i was travelling .. and it was a tremendous dissapointment.

So two phones it is..

As for the airtel stock.. it fell 6% on fri..and it may fall more.. but i do believe it will jump back soon.. time to buy.. yes.. but in small chunks