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How many users does Reliance Jio need to break-even?
The Reliance Jio is giving the rivals telcos a very stiff competition on the data and voice plans for Prepaid as well as for the postpaid users.
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The news of Reliance Jio’s new network and plans is supposedly shaking up the other three main wireless carriers in India, including Airtel, Vodafone, and Idea to adjust their own plan pricing, according to Mashable.
If you were expecting something super cheap and revolutionary, you’ll be disappointed to know that these are essentially the truncated versions of Jio’s 499 plan that offers unlimited voice and night 4G downloading, along with 4 GB of daytime data usage. This investment will be channelled through Jio Digital India Startup fund.
On the other hand, no price reduction information have yet provided by Idea Cellular.
He also added “Our telecom units are ready to partner with the budding entrepreneurs, whose digital ventures and plans could possibly bloom on the grounds that Jio has already start preparing”. “The launch of Reliance Jio, with its highly affordable data packs will disrupt the way people use internet in India as cost is a major factor in determining consumption patterns”.
On Monday, Reliance Jio rolled out its 4G services in India.
So, you can easily port your number to Jio network while keeping your old number and enjoy all the perks associated with Reliance Jio.
Ambani set a target of 100 million customers for Reliance Jio “in the shortest possible time”, without specifying. “The industry average is only Rs.125 per user, most of which comes from voice”.
It also aims to address security concerns, helping tourists access telecom services to make calls in times of distress, a tourism ministry official said.
The majority of smartphones in India are 4G LTE compatible. There is also a 1.5GB Wi-Fi data (via JioNet Hotspot app) and has a validity of 7 days. Reliance Jio also offers that we get the “one-time special benefit” of no monthly rental until December 31, 2016.
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In effect, the announcements on Thursday point to a commercial launch from January 1 next year even though no specific mention was made in this regard. “No Jio customer will ever have to pay for voice calls again”, Ambani announced amid massive applause.