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Friday, 21 July 2017

The stocks of Direct-To-Home TV connection service providers’ fell on the bourses as Reliance Jio announced the launch of JioPhone, which can be connected to any TV, during RIL’s AGM on Friday.

Dish TV India was trading down by 5.49% at Rs 78.40 per share as at 1211 hours on Friday, on the BSE.

Jio’s feature phone, JioPhone, which was launched on Friday at an effective price will Rs 0 offers free voice, and unlimited data at Rs 153 per month.

Among other DTH majors, Hathway Cable & Datacom Ltd. was trading at Rs 33.75 per share, down by Rs 1.15 or 3.30%, Sun TV Network Ltd. was trading at Rs 808.95 per share, down by Rs 18.85 or 2.28%, and the recently listed, GTPL Hathway was trading at Rs 164.70 per share, down by Rs 2.10 or 1.26%.

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