Telecom services provider Reliance Jio Infocomm Limited (RJIL) on Thursday extended freebies such as free data, voice, video, applications and content to its subscribers for another three months upto March 31, 2017.
Reliance Jio to provide free services till March 2017: Mukesh Ambani
Telecom services provider Reliance Jio Infocomm Limited (RJIL) today extended freebies such as free data, voice, video, applications and content to its subscribers for another three months upto March 31, 2017.
RJIL is a subsidiary of energy and petrochemicals major Reliance Industries Limited (RIL) and had launched its services on September 5 this year with a three-month Jio Wecome Offer with the free services for subscribers. During this period, the company has enrolled 52 million subscribers.
"The benefits will be available to all subscribers signing up for Jio services up to 3 March 2017. The existing Jio Welcome Offer users will continue to enjoy the unlimited benefits under JWO up to 31 December 2016, following which they would be automatically signed-up for the JNO as well," RIL Chairman and Managing Director Mukesh Ambani said.
Mr. Ambani said that, considering 80% of Jio subscribers use upto 1 GB of data daily, while the remaining 20% use disproportionately more data, Jio has limited the high-speed-data quantity to 1 GB per day per user, following which the speed will be reduced to 128 Kbps. This step has been taken to ensure that all the Jio users get superior data experience, he said.
Attractive tariff options have been offered for subscribers wishing to consume additional data beyond 1 GB per day at regular speed as part of the JNO, he said.
Mr. Ambani said that, in the past three months, Reliance Jio had come the fastest growing technology company ever in the world.
"In the first three months since its birth, Jio has grown faster than Facebook, WhatsApp or Skype. In 83 days, Jio has crossed 50 million customers on its 4G LTE all-IP wireles broadband network," he said.
Mr. Ambani said that, on average, a Jio customer is using 25 times more data than the average Indian broadband user. "A Jio customer today is consuming data on par with, and in many cases more than, sophisticated users anywhere in the world," he said.
He said Jio had signed up more than six lakh customers every single day for the past three months. He said the company had fast-tracked Aadhaar-based e-KYC roll-out nationall, allowing SIM activation in under five minutes.
"Today, Jio has successfully rolled out eKYC across two lakh outlets in India. To put this in perspective, this is nearly equal to the total number of ATMs in India. We are in the process of doubling this network, to four lakh digitally enabled outlets, by March of 2017.
"Every Jio store and retailer in every neighborhood can not only activate Jio customers via eKYC, but is also equipped to provide unmatched customer service and new Aadhar-based services because of this digital infrastructure," he said.
On voice interconnection with existing telecom operators, Mr. Ambani said Jio had not received the required support from them.
"In the last 3 months, nearly 900 crore voice calls from Jio customers to the networks of our three largest competitors were blocked. The benefits of Jio's superior voice technology have been denied to Indian customers due to such anti-competitive behavior of incumbent operators.
"Given the gravity of the situation, the authorities have intervened and instructed all the operators to provide sufficient interconnection capacity. We thank the Government and the regulator for enforcing the licence conditions," he said.
"Over the past months, the call block rates has come down from over 90% to nearly 20% as of yesterday. We are working with all our fellow operators to ensure that in the coming weeks, this will come below the specified grade of service, which is 0.2%," he said.
Mr. Ambani said Jio now fully supported mobile number portability and customers can retain their existing number when they migrate to Jio.
He said the company had introduced home delivery of Jio SIMs, which can then be activated in five minutes through eKYC. "This feature is being progressively launched across India through the MyJio application and will be available in the top 100 cities by 31st December 2016," he said.
Mr. Ambani used the opportunity to congratulate Prime Minister Narendra Modi for his decision to demonetise Rs. 500 and Rs. 1000 notes.
"By doing this, our Prime Minister has given the strongest possible push to the growth of a digitally-enabled, optimal-cash economy in India. This decision is an important step in his ongoing efforts to change the mindset of the people of India. Digitally-enabling transactions will help to create a fair, just, transparent and strong India and Indian economy. It will bring unprecedented accountability at every level.
"I believe that the common people will be the biggest beneficiaries of this change. Every Indian will have a Digital ATM in their hands, which they can operate whenever and wherever they want. No more will they have to travel and stand in queue for train tickets, bus tickets, movie tickets, to pay bills for utilities, or to deposit and withdraw money from banks. Time saved is money earned.
"Therefore, I am absolutely confident that a digitally-enabled economy will help India become stronger – and every Indian becomes even stronger," he said.
Mr. Ambani sid that, with this one single step, Mr. Modi had brought all the unproductive money into productive use.
"This will enhance credit flow in the economy and legitimate credit is the fuel that powers the engine of economic growth. So far, credit in our country has mostly been high value and low volume. Digital enablement has laid the groundwork for broad availability of low value, high volume credit. This will provide credit to our farmers, small shopkeepers, traders and daily wage earners. Again, the biggest benefit of this goes to the ordinary Indian.
"All of us at Jio are enthusiastically committed to making this transition smooth for every Indian across the country," he said, announcing the JioMoney application which will give customers access to a digital money wallet that is linked to their bank account.
"One of the key drivers for adoption of digital money and the cashless way of living is people's ability to convert physical cash into digital gash and vice-versa. In order to make this possible, JioMoney is rapidly expanding its reach to millions of touch points where Aadhar based micro-ATMs will be deployed," he said.
Mr. Ambani said that, to enable digital transactions, merchants, especially small merchants, are an important component of the economy.
"To fuel their transactions, Jio is working to empower Indian merchants by building a digital retail ecosystem, which we are calling Jio-Money Merchant Soltions.
"This will enable digital transactions of all types, whether they be at mandis, small shops, restaurants, railway ticket counters, for bus and mass transit and even for person-to-person money transfers.
"Starting 5th of December, every merchant can download the Jio-Money Merchant Application. Customers use their JioMoney Wallets to pay merchants from their bank accounts, and merchants can use the JioMoney Merchant App to accept these payments directly into their bank accounts.
"Using the JioMoney Merchant App, merchants can also make supplier payments, transfer money between his bank account and use digital petty cash. JioMoney is focused on signing up over 10 million small merchant retailers in the coming weeks across 17,000 towns and 4 lakh villages," he added.