Reliance Jio

Jios Pace of Enrolment Set a World Record
The latest telecom operator in India, Reliance Jio Infocomm was delighted to inform that its
subscriber base exceeded 16 million customers within a month of its launch. The pace of
enrolment set a world record. Jio attained this growth faster than any other telecom operator
or startup in the world, including the likes of Facebook, Whatsapp, and Skype.
Timeline
Jio made its first investment in the telecom business in the year 2010.
Approximately 1.5 lakh crore was invested to launch the 4G service.
The company holds the largest spectrum footprint in the country.
Through its Rs. 499 plan, Jio has targeted high revenue customers from incumbents. Its
lowest package is priced at Rs. 149.
Under the welcome offer, its services are free until 31st Dec.
It is the only 4G operator that does not hold 2G and 3G spectrum.
Subscriber base(million)
300
250
200
Subscriber base(million)
150
100
50
0
Airtel
Vodafone
Idea
Jio commenced operations for its employees and its partners late December 15, and
accordingly rolled out its preview offer giving voice and data services for free for three
months for owners of the sister company Reliance Retails LYF branded phones. Jio and
Reliance Retail are parts of Reliance Industries. This offer was then extended to all
smartphone users, before Jio initiated commercial services on September 5 with a welcome
offer. It offered free voice and data till the end of this year. All those under the preview offer
scheme have been moved to the welcome offer. The real challenge will be during next year,
once Jio starts charging for its services. Yet, the plans announced had offered voice free for
life with data at a fifth of market rates.
As a result, rivals operators, Bharti Airtel, Vodafone India and Idea Cellular have announced
their own plans, cutting data rates, with some plans offering voice free as well. Furthermore,
they have also beefed up their own 4G spectrum holdings to better take on Jio in the market.
Jio seems to have made a strong start and people were utilizing its services to the fullest.
According to Mukesh Ambani, Reliance Industries chairman, Jio has been built to entitle
every Indian with the power of data and he is overwhelmed to see such huge customer
response to Jio. The initial response had crossed his expectations by a factor of 100.
Ambani has set Jios executives a target of adding 100 million subscribers in the shortest
time possible, but hasnt given a timeline.
At present, market leader Airtel has more than 257 million users; next in line is Vodafone
with more than 200 million and Idea, nearly 177 million. It has also mentioned that it has
introduced Aadhaar-based paperless Jio SIM activation all over 3,100 cities and towns,
which facilitates a customer to execute the SIM activation process in a matter of minutes,
with only an Aadhaar number. This process will be expanded across the country and fully
stabilized for satisfactory on-boarding experience in the next few weeks.
In other news, Mukesh Ambani-led Reliance Jio mentioned that would offer free voice calls,
up to 20GB data and unlimited SMS for one year worth Rs 18,000 to all new iPhone users on
its network, Airtel too joined the race and will offer iPhone 7 and iPhone 7 Plus users 10 GB
free 4G/3G data per month for one year with any Airtel Infinity post-paid plan. The Jio offer
is not limited only to newly launched iPhone 7 and 7-Plus and would also be valid on iPhone
6, 6-Plus, 6S-Plus, SE.
Disclaimer
The investment advice or guidance provided by way of recommendations, reports or other ways are solely the personal views of the
research team. Users are advised to use the data for the purpose of information and rely on their own judgment while making
investment decision.
Dynamic Equities Pvt. Ltd - SEBI Investment Advisory Reg. No.: INA300002022
Disclosure
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Article Written by
Madhurima Chowdhury

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Jios Pace of Enrolment Set a World Record

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