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Vodafone moves court against Reliance Jio

Reliance Jio
About
  • Reliance Jio is one of the the latest offerings of Indian conglomerate Reliance Industries, which provides telecom and data services across India.
  • Headquartered in Mumbai, the company was incorporated in 2007.
  • Late last year, Mukesh Ambani, who heads Reliance Industries, offered a beta version of the services to its partners and employees.
  • In 2015, Jio tied up with Intex to offer 4G mobile handsets.

  • Reliance Jio: The specifics
    Features
  • With massive publicity surrounding the launch of the telecom offering from Reliance, the company stated that Jio would help provide internet connectivity to over 900 cities in India.
  • Along with its launch of 4G data services, the company is also looking to provide voice calling services from and to Jio and non-Jio networks.
  • In certain select locations, it had also rolled out free Wi-Fi.

  • Reliance Jio launch: Ambani announces attractive offers
    01 Sep 2016
  • The much anticipated launch of Reliance Jio's 4G services took off to a scintillating start when Mukesh Ambani announced attractive offers and tariff plans today at Reliance's Annual General Meeting.
  • Ambani rolled out free voice calls for all its Jio users, with no roaming charges across India.
  • He also said students who are users of the service will also get 25% more data.

  • Looking forward: Reliance Jio's stupendous targets
    FACT
    At the launch event, Mukesh Ambani said Jio's services is set to cover 90% of India's population by March 2017, with a massive capacity to acquire nearly 1 million users per day. Jio's tariff rates were also touted to be the lowest globally.

    Jio sees decline in subscriber growth; may extend offer period
    19 Nov 2016
  • Market analysts believe that Reliance Jio Infocomm Ltd is grappling with slow subscriber growth.
  • The subscriber growth rate has "fallen to less than 50% after the first 15 days of the launch".
  • The demonetization, back-end IT issues, weakness in distribution channels and poor customer services have hit the growth.
  • Analysts expect Jio to extend its "welcome period offer to achieve the 100 million target".

  • Jio's Happy New Year offer - Free services till Mar'17
    01 Dec 2016
  • Mukesh Ambani announced that from December 4, every new Jio user will get data, voice, video free till March 31. He called it 'Jio Happy New Year' offer.
  • Also, all the existing users will continue to enjoy the unlimited offer till March 31, 2017.
  • "In this period, customers will also be able to test-drive digital recharge, billing experience, using JioMoney wallet," said Ambani.

  • Ambani to invest fresh ₹30,000 crore in Reliance Jio
    14 Jan 2017
  • Mukesh Ambani announced that he would be pumping in fresh funds- almost ₹30,000 crore in Reliance Jio, his telecom venture.
  • The company said the new funds were approved at a board meeting on 13 January.
  • The new funds will be an addition to the ₹1.7 lakh crore that has already been invested by Reliance in the telecom business.

  • Vodafone moves court against Reliance Jio
    30 Jan 2017
  • Vodafone India moved the Delhi High Court against Reliance Jio's 'Happy New Year' offer.
  • According to Vodafone, the Telecom Regulatory Authority of India had failed to prohibit "blatant violation" of its tariff orders, directions and regulations by Reliance Jio Infocomm Ltd (RJio) by allowing it to continue with its promotional offer.
  • The matter has been set for hearing on 1st February.



  • This post first appeared on NewsBytes: Latest News, Breaking News India, Today News, Current News, please read the originial post: here

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