In a smart marketing move they have offered free life time calling for Jio clients and it has caused a whopping Rs 13800 Crore loss to Idea and Airtel in a single day by eroding their market wealth.
The key features of Jio announcements are as following :
- SMS to be free on Reliance Jio network
- Reliance Jio to never charge for voice calls
- Reliance Jio to have 1 million wifi hotspots by mid-2017
- Reliance Jio to offer 10 data plans
- Reliance Jio users to get unlimited data at night
- Reliance Jio lowest data pack at 19 rupees/day
- Reliance Jio won’t charge any extra on festival days
- Reliance Jio to charge less for data on higher usage
- Reliance Jio data tariff 5 paise/MB or 50 rupee/GB
- Reliance Jio data priced at 50 rupees/GB