Jio Prime: 50 Million Reliance Jio 4G Users Opted For The Jio Prime Membership
In a recent analyst presentation made by Reliance Jio, the company has claimed that at least 50 million subscribers have opted for the Jio prime membership.
This data proves that half of the 100 million-plus customers that signed up for the services from Reliance Jio for free have shown their support for Jio prime membership and are ready to pay for the Jio prime services.
A company executive, who did not want to named, claimed that the 50 Million mark was crossed last Thursday. This was a happy news as Reliance Jio has hopes that the customer base acquired were not only based on their promotional offers.
The company’s Happy new Year offer ends tomorrow, 31st of March 2017. Mukesh Ambani had announced the Jio Prime membership would be available only from the 1st of March to the 31st.
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The Jio Prime membership is priced Rs 99 but has great value. The subscriber can choose from several data packs starting from Rs 149.
Reliance Jio had started its services in the September of 2016 and has been well received by subscribers across the nation. With its free voice and data services, the Jio network had broken all the records of the Telecom Industry in India.
Reliance Jio Digital Content Eco System
The digital content ecosystem of Reliance Jio network has been steadily growing through the days. The analyst presentation made this month clearly points out that Reliance Jio is expected to gain more than 50% of the revenue market share owing to huge demands in data for the next 3-4 years.
The Telecom market has seen a number of changes after Jio 4G was introduced. It has also been the reason behind the consolidation of the Telecom giants. Vodafone India and Idea Cellular have announced their proposed merger this month.
Anil Ambani’s Reliance Communications is likely to merge with Aircel. The merger of Vodafone and Idea Cellular is likely to push down Bharti Airtel from its number one position in the Telecom Market based on the number of subscribers. The merger could result in 400 million subscribers as one entity.
As of December 2016, the market share of the leading Telecom operators are as follows:
Bharti Airtel – 33.1%
Vodafone India – 23.5%
Idea Cellular – 18.7%
Tata Teleservices – 6.2%
Aircel – 5.5%
RCom – 4%
According to the Cellular Operators Association, In February 2017, 2.27 million subscribers were added. This is, in fact, one of the toughest times for the Indian Telecom Industry