Reliance Jio Crosses 50-Million Subscriber Milestone in Less than 3 Months

Mukesh Ambani-promoted Reliance Jio has crossed the 50 million subscriber mark in less than three months after its full-fledged 4G services launch to emerge as the largest broadband operator in the sub base

According to PTI’s sources, Jio – setting a new record – has acquired 1,000 customers per minute (since September 05) and 6 lakh per day.

“Jio continues to be the fastest growing company in the world and has crossed 50 million subscribers in record 83 days,” PTI’s sources pointed out.

Also see: Reliance Jio Welcome Offer May be Extended till March 2017: Reports

Airtel reached the same milestone of notching 50 million subscribers in 12 years, Vodafone and Idea took 13 years each, though it must be pointed out that Jio is entering a market that’s far more mature, and it has been able to sign up customers at a much faster rate thanks to the Jio welcome offer that comes with no monthly rentals and free usage.

Reliance Jio Infocomm – the new entrant in the 4G market which is competing with the likes of Airtel, Vodafone and Idea Cellular – had launched its commercial services on September 5, and as per the last update had notched up 16 million users in the first month of its operation.

Also see: Reliance Jio SIM Home Delivery Now Launched with an Invite-based Pilot Programme

The subscriber base of Jio has already reached one fifth that of Bharti Airtel, which had 262.67 million mobile subscribers in October. According to the latest data by cellular association COAI, Vodafone had 201.90 million subscribers and Idea Cellular 180.25 million users.

“Beating industry estimates, the company has signed up an average of 6 lakh subscribers a day, which is a globally unprecedented feat for any customer-facing company including the likes of Whatsapp, Facebook and Skype,” the source pointed out.

Also see: Reliance Jio Likely to Launch DTH Services with Six Months Free Subscription as Welcome Offer : Reports

Sources claimed that Jio has become India’s largest digital services operator with highest number of mobile broadband users surpassing telecom major Airtel’s 41 million 3G and 4G customers combined acquired over last six years.

Only on 4G to 4G comparison, Jio’s customer base is now five times that of Airtel (around 10 million subscribers); 17 times of Idea (3 million subscribers).

At RIL’s 42nd annual general meeting, Ambani had said his new telecom venture would aim to acquire 100 million customers “in the shortest possible time and create a new world record”.

Also see: Reliance Jio Limiting Duration of Voice Calls to 30 Minutes: Reports

This would translate into a data usage of 250 crore gigabyte per month, he had then said.

Jio, whose controversial entry into the world’s second-largest telephony market sparked off a tariff war, had onboarded 1.5 million users on its 4G network during the testing phase.

Also see: Reliance Jio Welcome Offer Will Now End on December 3

It is aggressively competing with players such as Bharti Airtel and Vodafone and is offering users data services free till December 31 2016, if they buy Jio connection by December 03 2016.

From 1 January 2017 the data services will become chargeable with rates starting at Rs. 19 a day for occasional data users, Rs. 149 a month for low data users and Rs. 4,999 a month for heavy data subscribers. Jio has promised to keep voice and roaming services, free for life.

Also see: Demonetization and Slump in Smartphone Sales to Impact Reliance Jio’s Entry ,May Extend Free Services: Reports

Dear Readers,What are your views on this report? Please Join discussion through the comments section below.

Like this Post?  Subscribe for E-mail Alerts and you’ll never miss a Post.

Leave a Reply