Free voice calls no roaming charges from Apr 1 Jio unveils Rs 303 plan
As Reliance Industries chairman Mukesh Ambani launched the Rs 303 per month plan for Reliance Jio, rival Bharti Airtel shares were seen trading down 2.5%.
According to the tariff plan, Jio will match the highest selling tariff of other operators and provide 20 per cent more data than what other operators provide. Jio will also offer Prime Memberships starting from March 1. The customers can enrol for this membership at Rs 99 and can continue enjoying unlimited offering for another 12 months after enrolment.
Jio Prime Members can get this value at an introductory price of only Rs 303/month, effectively just Rs 10/day. Concerns, however, remain if Jio will be able to retain its subscribers once it begins charging for the services. Analysts say many subscribers are using Jio as a second mobile connection to take advantage of the free data.
Jio’s launch came after years of delay and Reliance Industries has already invested more than $20 billion into the venture.Reliance Industries Chairman Mukesh Ambani on Tuesday thanked all its Reliance Jio customers for an unprecedented response in the last six months. The Jio has crossed 100-million customers mark in just 170 days, Ambani said.
Addressing shareholders at Reliance Jio Digital event, Ambani said, “Seven customers added every single second since launch.” According to the data consumed on Jio, users consumed over 100 crore GB data, more than 3.3 crore GB/day, making India the number one country in mobile data usage. “Jio carries nearly 5.5 crore hours of video daily on its network. Jio has more than double the number of 4G base stations when compared to all the other Indian operators put together,” Ambani said.