Reliance Jio to Become the Top Telecom Operator in 2019

Reliance Jio, the telecom wing of the Mukesh Ambani-led Reliance Industries Limited (RIL), is expected to become the top telecom operator in the financial year 2019-2020. This will be in terms of both service revenue metrics and subscriber base. This information comes from a report by Bernstein.

Details of the Bernstein report

The Bernstein report stated that Reliance Jio’s reported service revenue was INR 10,380 crore for the third quarter of the current financial year. It further stated that Reliance Jio continues to subsidize its line-up of the Reliance JioPhone. This will help the telecom company claim the number one position on the telecom operator list of the country.

The report also stated that once Reliance Jio has reached its target market share, it would turn its attention to monetization. Based on this, the Average Revenue Per User (ARPU) may start to increase in 2021. The Bernstein report currently forecasts an increase in ARPU of 8.2 percent in 2021. Furthermore, there may be an increase in ARPU at 11.2 percent in 2022.

Estimation of the Bernstein report

While official numbers have not been released by the telecom company, the estimated total capital invested in Reliance Jio is INR 2.6 lakh crore. This translates to USD 37 billion.

The Bernstein report expects that the recent promotion of Reliance JioPhone has triggered a subsidy of handsets. This amount comes to INR 7,200 crore and it makes the 4G-enabled feature-phones accessible to the Indian masses. As a result, the telecom company’s subscriber acquisition numbers are increasing, thanks to the Reliance JioPhone. Primarily, these net additions are coming from the rural areas of the country. These subsidies are carried by Reliance Retail. In the future, RIL will wish to make higher returns on investment, so it may reduce the handset subsidies and boost subscriber revenue.

Reliance Jio’s estimated market share

In December 2018, Reliance Jio had a 16 percent subscriber and revenue market share. It is expected that at the end of the financial year 2020-21, Reliance Jio will hold a 34 percent revenue market share. By the financial year 2021-22, Reliance Jio will be the number one telecom company with the highest share of subscribers with an estimated subscriber market share of 32 percent.

Details of Reliance Jio’s philosophy for 2019

Sunil Dutt, Reliance Jio’s President of Devices, stated that the telecom company is not focusing on capturing the market. Instead, it is focusing on providing the right solutions at good price points to the Indian users. To this end, Reliance Jio is collaborating with partner brands in the device space to offer affordability or experience or a mix of both factors. This is the philosophy of the telecom company going forward.

Dutt also stated that “revolution” is in Reliance Jio’s DNA. The telecom company will, therefore, keep innovating and revolutionizing. These are goals that the company will continue to aim for. It will proceed to uphold these values in the future. Every few months of 2019, Reliance Jio will introduce something new and helpful to the Indian masses, thereby helping to boost the digital transformation of India.

Summary: Reliance Jio will become the top telecom operator in 2019. This is attributable to quality services that it provides to the Indian masses.

Reliance Retail Emerges as the 6th Fastest Growing Retailer in the World

Reliance Retail, the retail wing of the Mukesh Ambani -led Reliance Industries Limited (RIL), has emerged as the world’s sixth fastest growing retail company. This is as per a report by Deloitte. This has been attributed to the wide range of accessible and affordable products and services offered by Reliance Retail.

Details about the report

In the list of 50 fastest growing retail companies released by Deloitte, Reliance Retail has secured the sixth position. The list has placed the company above sports apparel manufacturer Nike and e-commerce company Amazon.

The first position on the list is held by Albertsons Companies, which is a US-based grocery firm. The second-fastest growing retailer on the list is Vipshop, while the third-fastest is JD.com. Both of these companies are Chinese online retailers. The fourth position was secured by Wayfair, which is a US-based e-commerce portal. The fifth position was secured by A101 Yeni Magazacilik AS, which is a Turkey-based company.

Details about global retail companies

Earlier in 2019, Deloitte has released a list of 250 large retail companies of the world. RIL secured the 94^th position on this list. The first position was secured by Walmart, which is a US-based retail company that has a presence in 29 countries. Fourth on the list was Amazon, which currently operates across 14 countries. Both these companies have made forays into the Indian retail market in the past few years.

The progress of RIL

Not only did RIL secured positions on both the aforementioned lists, but it is also the only company from India to feature on both of them. In the December quarter of the financial year 2018-2019, RIL’s organized retail segment experienced an 89 percent growth. In terms of value, this growth was INR 35,577 crore. This is according to RIL’s financial results. During the same quarter of the previous fiscal year, RIL’s growth was INR 18,798 crore.

Between the financial years 2012 and 2017, Reliance Retail had a Compound Annual Growth Rate of 44.8 percent.

The future of Reliance Retail

To broaden the market reach, Reliance Retail aims to make use of omnichannel methods, that is, integrate brick-and-mortar retail and online platforms. Hence, top-line traction is expected to be intact. With regard to fuel retailing, the top-line growth will be volume-driven. Reliance Retail also aims to recommission existing outlets to expand its presence. Reliance Retail is expected to attain margins between 4.5 percent and 5 percent by the end of the 2020 financial year.

About Reliance Retail

In terms of sales and network, Reliance Retail is the country’s largest multi-category retailer of products such as groceries, consumer electronics, fashion and lifestyle, and fuel. As of September 2018, Reliance Retail stores have served 3.5 million customers in a week. This was done via 9,146 outlets across 5,800 cities in India.

Summary: Reliance Retail has emerged as the sixth fastest growing retailer in the world, according to Deloitte. This is attributable to the variety of accessible and affordable products and services offered to the Indian masses.

JioPhone Emerges as the Globe’s Best KaiOS 4G Smart Feature Phone

JioPhone, the feature phone discovery of Reliance Jio, the telecom division of the Mukesh Ambani-led Reliance Industries Limited (RIL) has emerged as the world’s best 4G smart feature phone with KaiOS software. According to the data by Counterpoint Research, Reliance Jio has managed to sell approximately 5 crore units of the JioPhone, since the feature phone’s introduction in 2017.

Statement of the Counterpoint Research report

The Counterpoint Research report stated that there are various factors due to which the JioPhone has turned out to be a successful innovation for Reliance Jio. The report stated that JioPhone is a world-leading smart feature phone, which is supported by features by the Voice over Long Term Evolution (VoLTE) along with the KaiOS software. The statement further added that this feature phone was introduced in the market at a cost of USD 20 and is a true counterpart of a smartphone when it comes to execution and value proposition on a global level. The statement also mentioned that Reliance Jio has been able to acquire over 100 million subscribers after the launch of the JioPhone in late 2017. Out of these 100 million plus subscribers, JioPhone is responsible for around 50 percent of these net additions.

Views of Neil Shah, Director of Counterpoint Research

The Director of Counterpoint Research, Neil Shah, stated that the results of the smart feature phone sales are expected to improve from here on. Shah stated that the revenue from the sales of these phones is predicted to be in the range of USD 28 billion during the next three years. He added that by 2021-end there would be potentially over 300 million users of smart feature phone across the globe. Shah has an estimation that services and software would contribute approximately USD 20 billion or 71 percent of this revenue earning opportunity during this near- to mid-term tenure.

Opinion of Tarun Pathak, Associate Director of Counterpoint Research

Tarun Pathak, the Associate Director of Counterpoint Research stated that the demand for smart feature phone across the globe grew by 252 percent in 2018. Pathak added that India is the largest contributor towards the increasing demand of smart feature phones across the globe. The other nations that have contributed towards smart feature phone sales include the United Kingdom and the United States of America. Regions such as Africa and South East Asia are also responsible for the growth and demand of smart feature phones globally. Pathak concluded by making a forecast that by 2021, smart feature phones are expected to surpass over 50 percent of the global feature phones when it comes to volumes.

The popularity of JioPhone

Since its launch in October 2017, the JioPhone has become quite popular among the Indian masses. This is because it is a feature phone offering the facilities of a smartphone. Some of these facilities include a dedicated version of Google Assistant, Facebook, WhatsApp, and YouTube. These benefits have made the JioPhone an ideal smart feature phone, which is available to customers at a nominal price.

Summary: Reliance Jio emerges as the world’s best KaiOS smart feature phone. Reliance Jio has sold around 5 crore units of JioPhone since its launch in 2017.

Everything to Know About Reliance Jio 4G Data Vouchers

Reliance Jio, the telecom wing of the Mukesh Ambani-led Reliance Industries Limited (RIL), offers affordable 4G data plans that are bundled with text message benefits, unlimited free phone calls, and free access to its range of services in India. These plans have several price brackets, various validity periods, and many benefits available on the company’s website.

About the 4G data plans

Reliance Jio offers the benefit of unlimited data with all of its 4G plans. This means that subscribers can continue using the data even after the Fair Use Policy (FUP) limit has been reached. Once the FUP limit has been reached, subscribers can avail of the Reliance Jio 4G data vouchers. These are small booster packs for data. They provide only data benefit to subscribers for the same period of validity as their existing plans.

For example, a subscriber may purchase an INR 142 Reliance Jio plan, which offers 1.5 GB of total data benefit every day. If the subscriber exhausts this allowance, he reached the FUP limit. In this case, the subscriber may need some more data on his phone on the same day. Therefore, he can purchase a Reliance Jio 4G data voucher and gain access to high-speed internet once again. At 12 a.m., the per day data benefit will be renewed. The remainder of the data benefit in the voucher may be utilized on another day.

Other details of the 4G data plans

It should be noted that voice calls are always free on the Reliance Jio network. This means that data will not be deducted from the voucher when 4G voice calls are made. Additionally, subscribers are required to have an active postpaid or prepaid Reliance Jio plan in order to avail of the 4G data voucher.

Reliance Jio’s four 4G data vouchers

Reliance Jio offers four 4G data vouchers. They cost between INR 11 and INR 101. They offer subscribers extra data for the same validity period as their existing plans.

The INR 11 data voucher offers subscribers 400 MB of unlimited 4G data. Reliance Jio’s INR 21 voucher offers 1 GB unlimited 4G data. The telecom company’s INR 51 voucher offers 3 GB of unlimited 4G data. Lastly, the INR 101 voucher offers 6 GB of unlimited 4G data.

The success of Reliance Jio

Reliance Jio had announced that in the second quarter of the financial year 2018-2019, Jio acquired 37 million subscribers. This is in contrast to the previous quarter when it acquired 28.7 million subscribers. Every month of that quarter, the average voice consumption was 761 minutes. A majority of this usage was driven by video consumption on the 4G Reliance Jio network, which increased to 410 crore hours. Per subscriber, the average video consumption was 17.5 hours. Mukesh Ambani has stated that the telecom company has enabled customers all over India to experience a digital life.

Summary: Reliance Jio offers four 4G data vouchers. With them, subscribers can continue using high-speed data after reaching the FUP limit.

Details of the 5 Reliance JioPhone Prepaid Recharge Plans

Reliance Jio, the telecom wing of the Mukesh Ambani-led Reliance Industries Limited (RIL), currently offers five prepaid recharge packs for Reliance JioPhone users across India. These packs are priced from INR 49 to INR 594 and are meant to be used exclusively on the telecom company’s 4G-enabled feature phones. According to the company’s official website, Jio.com, these offers come with a validity period ranging between 28 days and 168 days. They also provide high-speed data from 1 GB to 84 GB, depending on their respective validity periods.

Details of the five recharge packs

The INR 49, INR 99, and INR 153 recharge packs offered by Reliance Jio are short-term plans, each having a validity period of 28 days. Additionally, the INR 297 and INR 594 recharge packs are long-term plans, each having a validity period of 84 days and 168 days respectively. According to the telecom company, all five recharge plans only work if the mobile SIM card is used in a Reliance JioPhone device. These recharge plans provide free national and local calls for the duration of their respective validity periods. In addition to this, they also provide a complimentary subscription to the bouquet of Reliance Jio apps.

Details of the short-term recharge plans

The INR 49 recharge pack provides subscribers with 1 GB of high-speed data. This plan has a validity period of 28 days and offers 50 free text messages.

Under the INR 99 recharge pack, subscribers can avail of 14 GB of total high-speed data benefit for a period of 28 days. It also offers 300 free text messages. The daily allowance is, thus, 0.5 GB.

The third and final short-term recharge pack costs INR 153. Under this pack, subscribers can avail of high-speed data benefit of 42 GB for 28 days. The daily allowance is, thus, 1.5 GB. Subscribers can also avail of 100 free text messages per day.

Details of the long-term recharge plans

The first long-term recharge plan offered by the telecom company costs INR 297. It has a validity period of 84 days. It offers subscribers a total high-speed data benefit of 42 GB. This means that the daily data benefit is 0.5 GB. Under this plan, subscribers also receive 300 free text messages.

The second long-term recharge plan offered by Reliance Jio costs INR 594. It has a validity period of 168 days and offers a total high-speed data benefit of 84 GB. This means that the daily data benefit is 0.5 GB. In addition to this, subscribers also receive 300 free text messages.

About Reliance Jio

Since its inception in 2016, Reliance Jio has acquired more than 252 million subscribers
. It introduced an easily accessible 4G network to the people of India, with quality services at affordable prices. Today, the company is dedicated to making India a technologically savvy nation by offering a range of data plans to meet the varied needs of the Indian mobile phone users.

Summary: Reliance Jio currently offers five prepaid recharge packs for Reliance JioPhone users. These plans are priced between INR 49 and INR 594.

RIL to Invest Additional INR 10,000 Crore in West Bengal

Mukesh Ambani, the Chairman and Managing Director of Reliance Industries Limited (RIL), has announced that the company will be investing an additional INR 10,000 crore in the digital space of West Bengal. Ambani stated this while speaking at the Bengal Global Business Summit 2019. Till date, the company’s total investment in West Bengal is INR 28,000 crore, making it the biggest investor in the digital space of the state.

Details of the West Bengal investments

RIL’s investments in West Bengal already account for one-tenth of the company’s total investments in India. The plan to invest an additional INR 10,000 crore is already being implemented. The initial investment of the company in the state was INR 4,500 crore.

Mukesh Ambani’s statements about Reliance Jio

At the summit, Mukesh Ambani spoke about RIL’s pivotal role in developing West Bengal. Ambani stated that it is the company’s goal to provide the entire state’s population with Reliance Jio connectivity. This aim is already progressing at a quick rate. The goal may easily be met within 2019. Ambani further stated that the company aims to transform all the homes in West Bengal into smart homes. To achieve this, the Reliance JioGigaFiber project is making good progress.

Mukesh Ambani’s statements about Reliance Retail

At the summit, Mukesh Ambani also spoke about Reliance Retail, the retail wing of RIL. He stated that Reliance Retail operates 46 ‘Petro Retail’ outlets and 500 stores across 400 towns and cities of West Bengal. He further stated that by 2020, West Bengal may become the logistic hub of the East. It may also have plans in place to attract investments of INR 5,000 crore by the next year. This will help in the creation of indirect and direct jobs for 50,000 people.

Ambani further stated that Reliance Retail and Reliance Jio will soon launch an original ‘New Commerce’ platform. This will introduce win-win benefits to retailers, consumers, and producers. It may also empower and enrich three crore small shopkeepers across India.

Ambani also stated that the company has set up many Jio Points, which will act as channels of direct distribution and cater to the growing rural market. There are already 350 Jio Points in West Bengal. This may increase to 1,000 by the end of 2019.

Mukesh Ambani’s statements about West Bengal

Mukesh Ambani, at the summit, thanked the state government for allotting land for its Data Center project in Kolkata. He assured the government that RIL will implement the project quickly. Ambani also congratulated Chief Minister Mamata Banerjee, who transformed the state into “Best Bengal”. Before she took office, the state’s Gross Domestic Product (GDP) was less than INR 4 lakh crore. Today, its GDP has crossed INR 10 lakh crore.

Mukesh Ambani also stated that the broadening and deepening of the relationship between RIL and West Bengal will continue in the coming years. RIL is committed to making the state a “Shonar Bangla”.

Summary: RIL is making an additional investment of INR 10,000 crore in West Bengal. Till date, the company’s total investment in the state is INR 28,000 crore.

Reliance Retail Benefits from India’s New E-commerce Policy Rules

Reliance Retail, the retail wing of the Mukesh Ambani-led Reliance Industries Limited (RIL), will benefit from the new e-commerce policy in the country. Under this rule, many e-commerce sites will not be permitted to offer customers large discounts or sell their own brands via their respective platforms. This rule has also benefitted local vendors, who are in support of this new policy. It can help them regain market share without having to offer discounts to customers.

Results of the new policy

The government’s new rule is essentially introduced to protect Indian retailers from e-commerce giants. Physical brick-and-mortar stores across India will benefit from this new policy in the form of boosted sales. It will take away discounts available to online consumers. Credit Rating Information Services of India Limited (CRISIL) has estimated that this will increase the offline retailers’ revenue by INR 100 billion. In 2020, the revenue will be 120 billion.

Impact on Reliance Retail

As a result of this, RIL’s retail chain arm, Reliance Retail, will benefit from this policy due to its scale, resources, and reach. As of September 2018, Reliance Retail stores have served 3.5 million customers in a week. This was done via 9,146 outlets across 5,800 cities in India. Credit Lyonnais Securities Asia (CLSA), the brokerage house, has estimated that Reliance Retail’s revenue may increase by approximately 12 times. In the next ten years, it may reach USD 138 billion.

If the estimates of CLSA do come true, then Reliance Retail will earn more than a quarter of all online and offline revenue in the country. In the next decade, this is expected to be approximately USD 550 billion.

Online players in India still only constitute 3 percent of the total retail market. Therefore, this policy change is beneficial to Reliance Retail.  Ajio, the apparel brand of Reliance Retail, is already online and successful. Mukesh Ambani is further looking to expand the company’s offerings beyond apparel. He intends to start a pilot program in Gujarat.

Mukesh Ambani’s statements

Mukesh Ambani, the Chairman and Managing Director of RIL, made a statement at the Vibrant Gujarat Summit in January 2019, where he unveiled plans to expand the online retail business. In support of the retail policy change, Ambani stated that in the new modern world “data is the new oil”. Therefore, India’s data must be owned and controlled by Indian citizens and not foreign corporates. This is why Ambani believes that the change in policy is justified, as it is more in line with a patriotic and nationalist perspective.

About RIL

Reliance Industries Limited (RIL) is a multi-faceted consumer-oriented organization that focuses on providing quality products and services to the people of India. It has businesses in various sectors such as content and carriage, health, education, e-commerce, media and entertainment, and petrochemicals. Reliance Jio is its latest offering, which is a telecom company that offers pocket-friendly 4G services to the people of India.

Summary: Reliance Retail will benefit from the new e-commerce policy introduced in India. Its revenue is expected to increase by 12 times in the next ten years.

RIL’s Transformation as a Multi-Faceted Consumer-Oriented Organization

Reliance Industries Limited (RIL), the oil-to-telecom conglomerate led by Chairman and Managing Director Mukesh Ambani, has transformed into a new-age digital consumer-oriented organization. The company has assets and income worth more than INR 12.12 lakh crore. As a result, it is one of the most valuable organizations of the Indian economy. It has been appearing at the top of the Business World Real 500 rankings for many years now and continues to play a significant role in molding the progress and growth of India.

The progress of RIL

RIL has undergone a major transformation in its business model. Decades ago, it was a polyester and textiles company. However, over the years, it has transformed into an integrated entity that conducts business in the materials, energy, retail, digital, and entertainment spaces. 2017 was a landmark year, as it marked 40 years of RIL’s famous Initial Public Offering (IPO).

Opinions of analysts

Many analysts compare the growth and transformation of RIL to that of other digital pioneers like Google, Amazon, Alibaba, Facebook, and Netflix.

The Managing Director of Elara Securities, Harendra Kumar, has stated that RIL deserves to be India’s largest consumer company. It has become a leading media, technology, and Internet company in India, which is the quickest growing economy of the world. He further stated that such a metamorphosis is very impressive.

He also stated that RIL has some of the most promising brands in the country. The 4C (carriage, connectivity, commerce, and content) will converge. This will further shape and form the company. He also stated that in ten years, RIL’s new businesses will be valued at INR 186 billion.

Other analysts believe that the company may progress well in the next five years, benefitting shareholders.

Details of RIL’s varied businesses

Reliance Retail, the retail arm of RIL, has over 35 million footfalls. Similarly, Reliance Jio, the telecom wing of RIL, has more than 250 million subscribers. Moreover, the entertainment and media arm has over 700 million users.

RIL also has various brands on the digital and retail front such as Reliance Fresh, Reliance Digital, Reliance Market, and many others. Additionally, it has businesses in education and healthcare. The company has plans in place to move towards a marketplace, that is omni-channel. This will enable the company to serve a range of needs of Indian businesses and consumers. These include medium and small entrepreneurs.

In the financial year 2019, more than 25 percent of the Earnings Before Interest, Depreciation, Tax, and Amortization (EBIDTA) came from Reliance Retail and Reliance Jio. It is expected that in the financial year 2027, the company’s Internet, Reliance Jio, and media business will make up for over 50 percent of its EBIDTA. From the new businesses, by 2027, Mukesh Ambani expects an operating profit of more than INR 10,000 crore.

Mukesh Ambani has stated that RIL has evolved and grown to increase shareholder value and build competitive global scale businesses.

Summary: RIL has transformed into a new-age digital consumer-oriented business. Over the last four decades, it has contributed to shareholder value and boosted the digital progress of India.

Reliance Jio Launches Celebrations Pack for Prepaid Users

Reliance Jio, the telecom wing of the Mukesh Ambani-led Reliance Industries Limited (RIL), has announced the Jio Celebrations Pack for its prepaid subscribers. Under this pack, subscribers can avail of up to 10 GB of free data without purchasing a mobile recharge. This new pack is now available for prepaid users, who can check the free data in the MyJio app.

Details of the new pack

Under the Jio Celebrations Pack, for five days, subscribers can avail of 2 GB of 4G data every day. It should be noted that there is no fixed period for availing of the 4G data for free. Some subscribers are receiving the free data between January 24, 2019, and January 28, 2019. Others are receiving the free data between January 29, 2019, and February 2, 2019. This free data is credited automatically into the subscriber’s account. This free 2 GB of data per day for five days is provided over and above the data quota that subscribers receive with a regular recharge.

Reliance Jio had also announced a Jio Celebrations Pack in September 2018, which provided Reliance Jio subscribers with 8 GB of free data in October 2018.

The process to check for free 4G data

In order to know whether subscribers have received free 4G data, they have to visit the MyJio app on their smartphones. They must sign-in to the app with their Reliance Jio account credentials. After successfully signing in, in the tab called ‘View Plan’, subscribers will notice the Jio Celebrations Pack listed with the data quota and validity. This will be under the tab called ‘Current Plan’.

To confirm if the new pack has been received, subscribers must open the MyJio app. In the app, they must select the hamburger menu, which is available on the display’s top left corner. After this, subscribers may go to the section called ‘My Plans’. If the Jio Celebrations Pack has been activated, then subscribers will see a section in the app called ‘Jio celebrations Pack’. This section will display 2 GB of free data every day as well as the validity of the pack.

Details of long-term recharge plans

Reliance Jio has also announced two long-term recharge plans for Reliance JioPhone users, which cost INR 594 and INR 297. These plans are valid for a period of 168 days and 84 days respectively. Both plans come with similar benefits, including 0.5 GB of high-speed data daily; unlimited STD, local, and roaming calls; a complimentary subscription to Reliance Jio’s bouquet of apps; and 200 free text messages every day.

The growth of Reliance Jio

By introducing a 4G network with quality services at affordable prices, Reliance Jio has made its presence felt among the masses. With a customer-oriented approach, it has acquired more than 250 million subscribers within two and a half years of inception.

Summary: Reliance Jio has announced a Jio Celebrations Pack for its prepaid subscribers. Under this pack, subscribers can avail of up to 10 GB of free 4G data.

Reliance Jio Launches New Long-term Recharge Plans for JioPhone Users

Reliance Jio, the telecom wing of the Mukesh Ambani-led Reliance Industries Limited (RIL), has launched two new long-term recharge plans for Reliance JioPhone users, which cost INR 297 and INR 594 respectively. These are unlimited data plans, which provide a subscription to Reliance Jio apps and also offer text message benefits. This has been introduced in addition to the already existing monthly plans available to the Reliance JioPhone users.

Key details of the new plans

The two new Reliance JioPhone recharge plans are an extension of the ‘JioPhone Monsoon Hungama Offer,’ which is currently active. Under the INR 594 recharge offer, subscribers will receive 0.5 GB of high-speed data every day for a period of 168 days. It offers 300 free text messages and a subscription to the bouquet of Reliance Jio apps. In total, subscribers will receive a total of 84 GB of data for the entire validity period.

Under the INR 297 recharge plan, subscribers will receive 0.5 GB of high-speed data every day for a period of 84 days. They will also receive 300 free text messages and a complimentary subscription to the bouquet of Reliance Jio apps. It also offers a total of 42 GB data for the entire validity period, which is 84 days.

Additional details of the new plans

Under both, the INR 297 and INR 594 Reliance JioPhone recharge plans, subscribers will receive unlimited voice-calling benefits. After the validity period of the plans expires, users can utilize data at a speed of 64 Kbps.

Details of the existing Reliance JioPhone recharge plans

These plans are in line with the current Reliance JioPhone recharge plans, which are priced at INR 49, INR 99, and INR 153.

The INR 49 recharge plan provides free voice-calling, unlimited access to Reliance Jio apps, 50 free text messages, and total data benefit of 1 GB. This plan is valid for a duration of 28 days.

The INR 99 recharge plan offers unlimited voice-calling, a total data benefit of 14 GB, free access to Reliance Jio apps, and 300 free text messages. This plan is valid for a duration of 28 days as well.

The final 28-day validity recharge plan costs INR 153. It offers subscribers 100 text messages per day, unlimited voice calling, a total high-speed data benefit of 1.5 GB, and free access to Reliance Jio apps.

About Reliance Jio

Reliance Jio is the telecom arm of RIL that was incepted in 2016. Within two and a half years of operations, the company has acquired more 250 million subscribers. This is attributed to the affordable pricing plans paired with quality services provided to the Indian masses. Reliance Jio has made the 4G technology available to the every Indian. This has helped boost the digital progress of India, allowing citizens to embrace a technologically savvy life.

Summary: Reliance Jio has announced two new long-term recharge plans for Reliance JioPhone users, priced at INR 297 and INR 594 respectively. This is in addition to three already existing recharge plans.