Posts Tagged ‘Reliance Industries Limited’

Reliance Jio Users to Receive Access to ZEE Entertainment Enterprises Limited (ZEEL) Content

October 12, 2018

Reliance Jio, the telecom wing of the Mukesh-Ambani-led Reliance Industries Limited (RIL), has signed an agreement with ZEE Entertainment Enterprises Limited (ZEEL). This collaboration is in an effort to bring access to ZEE’s entire library of content to Reliance Jio users. To achieve this objective, the two parties will jointly market the content offerings by utilizing consumer-facing touchpoints, which are independent.

Details of the collaboration

ZEEL stated that 227 million Reliance Jio subscribers will gain access to 37 live TV channels. They will also gain access to the content of ZEE5, which is the video over-the-top (OTT) app of the ZEE TV network. ZEE5 produces original content, including short films and web-series, among others. Reliance Jio users will also be able to download content to watch at their leisure.

Statements of key people

Amit Goenka, the CEO of Z5 Global and ZEE International, stated that ZEE intends to create engaging and rich content for its viewers across India as well as the world. This is their primary objective as content creators. The new collaboration with Reliance Jio will facilitate this goal. Goenka further stated that Reliance Jio’s expansive reach could help entertain a broader base of viewers, who have an appetite for content on-the-go, which is of good quality. Akash Ambani, the Director of Reliance Jio, stated that the telecom company is committed to providing its consumers with strong content from India and around the globe. This will facilitate the mission of boosting digital inclusion in the country.

Reliance Jio’s foray into the content space

In addition to content from ZEEL, the telecom company has made agreements with other broadcasters, so that their content can be brought to Reliance Jio users as well. One such broadcaster is Viacom18.

Reliance Jio has also collaborated with Star India is to bring cricket content to all 4G users on Hotstar and the JioTV platform across the country. This collaboration intends to cover one-day internationals (ODIs), T20 matches, and premier domestic competitions of the Board of Control for Cricket in India (BCCI).

About Reliance Jio

Reliance Jio is a telecom network and digital ecosystem that enables Indians to experience a digital life. The ecosystem is made up of smart devices, strong broadband networks, customer-oriented services, and useful applications. In terms of media, the telecom company’s offerings include programs of recorded and live sports, music, television, events, and movies. This presents a very comprehensive library.

Reliance Jio has three pillars that aim to transform the country’s digital future. The first pillar is a strong network coverage across urban and rural areas. The second pillar is quality services for its subscribers, in terms of HD quality voice, video streaming, and high-speed internet speeds. The third pillar is affordable services that are accessible to citizens in all parts of the country.

Summary: Reliance Jio and ZEEL have collaborated to bring ZEE TV network’s content to Reliance Jio users. The objective of this is to provide consumers with strong quality content across India.

Reliance Jio Provides eSIM Connection for iPhone XS and iPhone XS Max Users

October 5, 2018

Reliance Jio, the telecom wing of the Mukesh Ambani-led Reliance Industries Limited (RIL), is providing an Embedded-Subscriber Identity Model (eSIM) connection for postpaid and prepaid users of the new iPhone XS and iPhone XS Max models. This is in an effort to make India a technologically savvy nation and boost the digital progress of India with the eSIM technology.

Reliance Jio’s eSIM connection for the new iPhones

The iPhone XS and iPhone XS Max are the first phones from Apple that have the capability to support the dual-sim functionality. However, Apple offers the secondary slim slot as eSIM only. eSIM is a technology that comes pre-installed on a device. It cannot be pulled out like normal SIM cards because it is a virtual SIM card. Therefore, users have the benefit of remotely activating their eSIM connection. For example, users do not have to change the network operators physically. They can make the switch remotely.

Reliance Jio is an official eSIM carrier for Apple in India. Reliance Jio is now offering both postpaid and prepaid connections for the two new iPhone models. The telecom company has stated that it is also the only prepaid eSIM provider for the new iPhone models.

Details of the iPhone XS and iPhone XS Max

The iPhone XS and iPhone XS Max are the latest iPhone models introduced by Apple Inc. in September 2018. Both models are available in three storage variants of 64 GB, 256 GB, and 512 GB. The lowest-costing iPhone XS is priced at INR 99,900 and the highest-costing variant is priced at INR 1,34,900. The lowest-costing iPhone XS Max is priced at 1,09,000, while the high-costing variant is priced at 1,44,900.

Details of Reliance Jio’s first pre-order of the new iPhone models

The first pre-order for both new iPhone models was held between September 21, 2018, and September 27, 2018, via Jio.com. Interested customers were able to order both the iPhone models by visiting the MyJio app as well. Alternatively, they could pre-order the phones from Reliance Digital and MyJio stores.

To pre-order the iPhone XS and iPhone XS Max on Jio.com, customers had to visit the website and select the available iPhone XS or iPhone XS Max variant they were interested in. After they entered their pin-code, customers proceeded to checkout, where they entered their personal details, like name, mobile number, and email address. After this, they selected the desired payment option and made the payment. Once payment was completed, customers received a pre-order confirmation notification via text message or email.

On purchase of these iPhone models, Reliance Jio offered free shipping and delivery as well. The iPhones models purchased by these customers were shipped within three to five business day from September 28, 2018.

Summary: Both postpaid and prepaid customers can obtain an eSIM from Reliance Jio to use on their new 2018-iPhone models. This is in an effort to boost the digital progress in India and make the country a technologically savvy nation.

Reliance Jio to Set Up Reliance Jio Hubs in Smaller Towns across India

September 21, 2018

Reliance Jio, the telecom wing of the Mukesh Ambani-led Reliance Industries Limited (RIL), has plans in place to set up Reliance Jio Hubs to provide people in smaller towns a mall-like shopping experience. The aim of this project is to provide one-stop shops for RIL’s consumer items, ranging from groceries to electronics. The project will utilize the strengths of Reliance Jio’s digital infrastructure and Reliance Retail’s physical stores to increase sales in smaller towns, where online shopping and modern retail is rare.

Details of the Reliance Jio Hubs

At RIL’s 41st Annual General Meeting (AGM), which was held on July 5, 2018, Ambani stated that RIL sees a large business growth opportunity wherein it may make a new hybrid commerce platform, which will be online-to-offline.

A person familiar with the project, on the condition of anonymity, stated that after the Reliance JioGigaFiber broadband services, Reliance Jio Hubs is the next big focus area for the telecom company. The Reliance Jio Hubs project is in connection with Ambani’s vision to integrate retail, telecom, and e-commerce into one technology platform.

Views of a retail analyst

A retail sector analyst, on the condition of anonymity, stated that small towns require assisted e-commerce and the availability of after-sales service in a physical space. He stated that Reliance Jio Hubs could act as warehouses and hold inventory. This meets the 100 percent India-owned requirement as per the draft e-commerce policy. Under this policy, which is floated by the Indian government, only Indian-owned firms are allowed to hold inventory.

The analyst further stated the telecom company intends to set up approximately 800 Reliance Jio Hubs to sell all consumer items under RIL. Within a month, the investment required for this project will be finalized.

The significance of offline retail stores

Since a large percentage of the country’s population still does its shopping offline, plans to know local merchants, and reach local markets and customers are important. A report by eMarketer in June 2018 stated that the online retail market in the country has tripled since 2015. However, of the total retail sales in 2018, it is only expected to contribute 2.9 percent.

RIL already has a strong physical presence in India with 7,500 stores across 4,400 cities operating under the Reliance Retail subsidiary. This wing sells electronics, clothes, grocery, and jewelry under Reliance Digital, Reliance Trends, Reliance Fresh, and Reliance Jewels, among other brands. RIL also has approximately 5,000 Jio Points. These are compact 500 square feet offices in rural pockets and semi-urban areas. They offer customer assistance and after-sales service.

However, Reliance Jio Hubs would be spread across a bigger area. These hubs would work through Reliance Jio, which enjoys a good market share and market appeal in rural markets due to its 4G coverage.

Summary: Reliance Jio is planning to set up Reliance Jio Hubs in smaller towns. The goal of this is to provide the people living in such areas with a mall-like shopping experience.

Reliance Jio User Base to Cross 400 Million Customers by March 2020

September 14, 2018

Reliance Jio, the telecom wing of the Mukesh Ambani-led Reliance Industries Limited (RIL), is likely to attain a user base of more than 400 million customers by March 2020. Industry analysts have stated that this number will include almost 150 million JioPhone users due to a strong performance in rural markets. They have also stated that to cross-sell a blend of digital content services, telecom, and retail products, RIL may soon deploy an omni-channel strategy.

Views of CLSA

According to CLSA, formerly called Credit Lyonnais Security Asia, Reliance Jio’s projected 414 million user base in March 2020 would be equivalent to 45 percent of the Indian population and would represent the 14 to 80 years age group. In addition to this, the foreign brokerage company has also estimated that RIL’s retail and telecom businesses may contribute 80 percent to RIL’s consolidated earnings before interest, tax, depreciation, and amortization (EBITDA) through the financial years 2018 to 2021.

CLSA also stated that the Kai-OS operating system, which is controlled by RIL and powers the JioPhone, might be utilized to open up advertisement revenue opportunities with higher customer engagement.

CLSA telecom analyst, Vikas Jain, stated that RIL may strengthen the e-commerce expansion of its established organized retail business in the upcoming months. This would help it acquire a larger customer base through its omni-channel fashion, grocery, and digital retail offerings.

The progress of Reliance JioPhone

Reliance Jio has stated that voice commands used on the JioPhone are surpassing those on smart-phones by nearly five times. Users of the 4G-enabled feature-phones are spending more time using the Internet and apps than smart-phone users do.

IIFL Institutional Equities stated that, in rural markets, JioPhone users spend hours watching videos daily, and data consumption may increase once the apps for YouTube and Facebook are available on the JioPhone.

Opinions of industry analysts and key players

Industry analysts expect Reliance Jio’s content apps, such as JioMusic, JioCinema, JioTV, JioMags, JioMoney, JioChat, and Saavn, to reap strong revenues for the company shortly. This is because Reliance Jio’s user base is already accustomed to using more than 10 GB per month. A likely increase in fixed-line broadband users of the JioGigaFiber service may also help in this regard.

Analysts believe that Reliance Jio’s 290 minutes-a-day of customer engagement, with the help of 150 million subscribers using the JioPhone, can be tapped to create sizeable revenue opportunities. Analysts also believe that Reliance Jio’s subscriber base will increase rapidly once WhatsApp becomes available on the feature-phones, which would happen by September 20, 2018. This may help the telecom company acquire more customers and a larger revenue share in the competitive market.

BNP Paribas stated that Reliance Jio is performing well, especially in rural markets. This is due to its affordable 4G services, which have good coverage, and the success of the JioPhone, which has sold nearly 25 million devices as of June 2018.

Summary: Reliance Jio’s user base is likely to cross 400 million customers by March 2020. This is due to a cross-selling omni-channel strategy, increased JioPhone usage in rural markets, and increased subscriptions for the JioGigaFiber service.

Reliance Jio Offers Complimentary 1 GB Data with Purchase of Cadbury Dairy Milk Chocolate

September 7, 2018

Reliance Jio, the telecom wing of the Mukesh Ambani-led Reliance Industries Limited (RIL), is now offering subscribers 1 GB free data if they have purchased a Cadbury Dairy Milk chocolate. This offer is introduced in celebration of Reliance Jio’s second anniversary, which was on September 5, 2018. Subscribers can avail of the offer, which is valid till September 30, 2018, via the MyJio app.

Details of the free 1 GB data offer

To avail of the offer, subscribers must have an empty wrapper of a Cadbury Dairy Milk chocolate. This chocolate is available for a price as low as INR 5. Other Cadbury chocolates, which can be used to avail of the offer, are Dairy Milk Roast Almond, Dairy Milk Crackle, Dairy Milk Lickables, and Dairy Milk Fruit and Nut.

How to avail of the free 1GB data offer

To avail of the Jio offer, subscribers need to visit the MyJio mobile app on their smart-phones.

On the MyJio app, subscribers must tap on a banner on the homescreen, which highlights the free data offer. The MyJio app will redirect them to another screen where the ‘Participate Now’ button must be tapped. Subscribers must then scan the barcode of the empty Dairy Milk chocolate wrapper. After this, the free data will be credited to the subscriber’s MyJio account within seven to eight working days from the date they have redeemed the offer

Terms and conditions of the free 1GB data offer

The free 1 GB of data is being offered as an additional benefit over and above the subscribers’ regular entitlement of data.

According to the terms and conditions of this new Reliance Jio offer, the free 1GB data can be availed of through Cadbury Dairy Milk wrappers that have varying costs of INR 5, INR 10, INR 20, INR 40, and INR 100.

However, if the original Dairy Milk chocolate is not -garners-more-than-16-million-subscribers/”>Reliance Jio subscribers have the option of availing the free 1 GB data on their own accounts or transferring the free data to another Reliance Jio contact. Moreover, only one empty Cadbury Dairy Milk chocolate wrapper can be used to redeem free 1 GB data per registered Reliance Jio account.

Reliance Jio has also offered a third option to subscribers, wherein they may donate the free data to an NGO named Pratham Foundation. This will help facilitate e-learning in far-flung areas of India.

Summary: Reliance Jio offers subscribers free 1GB data with a purchase of Cadbury Dairy Milk Chocolate. This is offered to celebrate the telecom company’s second year anniversary, which was on September 5, 2018.

Nita Ambani Visits Flood-affected Regions of Kerala to Offer Support and Reassurance

August 31, 2018

Reliance Foundation Chairperson, Nita Ambani, has visited Kerala to get a first-hand look at the flood-ravaged regions. Reliance Foundation, under her leadership, is spearheading relief and rescue operations in the state. Ambani undertook this visit to understand the precise needs of the devastated people and facilitate long-term rehabilitation efforts.

Donations of Reliance Foundation

Reliance Foundation has donated INR 21 crore to the Chief Minister’s Relief Fund to aid the flood-affected victims of Kerala. Additionally, relief materials worth INR 50 crore have been distributed among the victims.

Efforts of the Reliance Foundation team

On August 14, 2018, Reliance Foundation deployed a team of 30 people to undertake rescue work. The Reliance Foundation Information Services worked in coordination with the State Disaster Management Authority (SDMA) to conduct rescue and relief operations through its toll-free helpline. More than 1,600 people have been successfully rescued as a result.

Reliance Foundation undertook field operations in six districts of Kerala, which are Idukki, Ernakulam, Alappuzha, Wayanad, Thrissur, and Pathanamthitta. The aim was to provide materials, which were immediately required by 160 relief camps operated by the government. This was facilitated through Reliance Retail, which supplied glucose, ready-to-eat foods, and sanitary napkins. In addition to this, around 70,000 people in these areas were given utensil kits, clothing kits, and ration kits.

Realizing the possibility of an epidemic outbreak, Reliance Foundation also supplied medicines to the state government for district authorities, conducted several livestock camps in Alappuzha and Wayanad districts, and set up medical camps in Wayanad.

Pallipad is one of the worst affected villages in the Alappuzha district, with a population of 24,640. Reliance Foundation is currently supporting 3,500 families by providing cloth kits. This is being done in close coordination with the local government representatives in the village.

Across the six affected districts, Reliance Foundation is supporting a family for a period of 15 days with dry ration kits, providing a family of three with bedding kits, and helping a family to restart their kitchen with a utensil kit along with sanitary kits to disinfect and clean the houses. Going forward, Reliance Foundation is also working closely with the community to identify and rebuild critical infrastructure such as schools.

Words of Nita Ambani

In Kerala, Nita Ambani assured the displaced citizens with timely relief and asked them to keep the faith. She stated that Reliance Foundation is committed to helping them in this time of need and crisis. Showing solidarity, Ambani stated that Reliance Foundation is going to help rebuild Kerala and help the state overcome the calamity. Ambani further stated that Kerala, also known as ‘God’s Own Country,’ would soon regain its former grandeur.

A visit to the flood-ravaged regions of Kerala helped Nita Ambani understand the precise needs of the displaced people. Ambani also met Chief Minister Pinarayi Vijayan and pledged to help build critical infrastructure and facilitate long-term rehabilitation operations.

Summary: Nita Ambani has visited the flood-affected areas of Kerala to offer reassurance and support to the devastated people. Reliance Foundation has donated INR 21 crore and deployed a team to help the relief and rescue operations in the state.

RIL’s Market Capitalization Crosses INR 8 Trillion

August 24, 2018

On August 23, 2018, the Mukesh Ambani-led Reliance Industries Limited (RIL) became the first Indian company to reach INR 8 trillion market capitalization. RIL’s share prices increased by 1.86 percent, closing at INR 1,269.70, on the Bombay Stock Exchange (BSE). In 2018, RIL’s shares witnessed a surge of almost 38 percent.

RIL’s market capitalization growth

RIL now has a market capitalization of INR 8.05 trillion. Information from the Telecom Regulatory Authority of India (TRAI) attributed this to Reliance Jio, which is the telecom wing of the RIL and it has continued to acquire subscribers at a strong pace. As a result, the Indian benchmark Sensex Index rose by 0.13 percent to 38,336.76 points.

After the announcement of Reliance JioGigaFiber, Reliance Jio’s broadband service and the JioPhone 2, investors continued to purchase RIL shares. Margins are also strengthened by attractive tariff plans and a larger subscription base.

According to the data from TRAI, Reliance Jio acquired 9.71 million users in June 2018, crossing a 215 million subscriber base. Reliance Jio also showed market share gain from 18.7 percent in May to 18.78 percent in June.

RIL’s results of the June quarter also delighted investors, as it showed that the retail and telecom financials have shown a steady improvement.

Reliance Jio’s performance in 2018

In July 2018, Reliance Jio showed a profit of INR 612 crore, for the quarter ending in June. This represented a 19.9 percent increase on a sequential basis over revenue of INR 8,109 crore from operations.

During the March 2018 quarter, Reliance Jio reported revenue of INR 7,128 crore, with a net profit of INR 510 crore. Supported by rapid store expansion, organized retail also reported a 123.7 percent increase in revenue, at INR 25,890 crore.

Report from Morgan Stanley

On August 16, 2018, Morgan Stanley stated in a report that RIL’s retail business is valued at F20e EV/sales of 0.8x, which is in keeping with the average of another Bloomberg-based consensus of comparable competition in retail. Morgan Stanley values telecom investments at an EV/IC multiple of 0.9x, which is the target. They have based their target multiple on the valuation of Reliance Jio’s F21e Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) at an EV/EBITDA multiple of 7.5x, and then discounting it back by using a 12 percent discount rate. Based on the Bloomberg consensus estimates, Morgan Stanley’s 7.5x multiple is in keeping with where the other telecom companies in India are currently trading.

Opinions of analysts

Industry analysts expect strong earnings growth momentum from RIL. This is thanks to the ramp-up of RIL’s project of petcoke gasification and the recently commissioned off-gas cracker refinery.

On the condition of anonymity, an analyst stated that in line with the analysts’ expectations, Reliance Jio has continued to show a healthy subscriber momentum. The focus will stay on generating more subscribers and driving user engagement.

Summary: RIL has become the first Indian company to reach INR 8 trillion market capitalization. This is due to the strong performance of Reliance Jio, Reliance Retail, and RIL’s newly announced gasification projects.

RIL’s Contribution to the Digital World

July 13, 2018

In 2003, the Chairman and Managing Director of Reliance Industries Limited (RIL), Mukesh Ambani began his digital journey with a plan in mind: to introduce and offer new and accessible technologies to the people of India. Over the next 15 years, by reinventing and expanding his business ventures, he delivered on his promises. With a ‘customer first’ approach, RIL has made a strong presence among the masses. Now in 2018, Ambani is reinventing his original vision of making India a technologically savvy nation.

 Progress in digital business, and media and entertainment

By formulating his plans in such a way that his digital dreams found opportunities for growth, Mukesh Ambani has expanded Reliance Jio, his telecom business by collaborating with noted companies such as Saavn, Eros Entertainment, and ALT Balaji, Balaji Telefilms’ content streaming application, among others.

RIL, a multifaceted business organization

As it stands today, RIL is a multi-faceted consumer business that offers services in retail, content, health, education, e-commerce, cloud technology, artificial intelligence, and media and entertainment.

The range of achievements and the way ahead

The fast-paced evolution of the technological world demands that companies focus on customer relations to stay relevant. Because customer satisfaction is a priority in any business, RIL has made investments in advertising, marketing, customer service, research, and retail experience. RIL believes in providing quality services to customers across all sectors.

In terms of expanding and improving carriage and content, special financial resources have assigned to rise up against the challenges posed by international and domestic competitors. During the 41st Annual General Meeting (AGM), which took place on July 5, 2018, the company stated that it is preparing to roll out new online services in a growing list of sectors like media, entertainment, security, governance, banking, and health, to name a few.

Internet-based systems will also be receiving an anticipated upgrade within 18 to 24 months. As the connectivity between network and devices keeps increasing, so will the number of software systems. Larger bandwidths, 5G technology, artificial intelligence, cinematic VR, and automation and robotics in civic services will integrate and interconnect society, making mundane tasks redundant and provide a seamless interface between end user and product.

The progress of Reliance Jio

Launched in 2016, after two and a half years of operations, Reliance Jio has acquired 200 million plus wireless customers by offering high-speed internet connection and an engaging digital ecosystem. It offers a variety of post-paid and pre-paid data plans to meet the changing needs of the Indian mobile phone users.

The assured future

RIL still has a role to play in the coming years. With technology at its center point, it has introduced plans to engage customers in an effective manner. For years, research into wearable tech, smart home appliances, immersive content, ‘predictive home’, and holography has already been underway.

Summary

RIL has made its presence felt fields of digital media, content distribution, and technologies that have not been introduced in other developing countries across the globe.

RIL Enters the Indian Broadband Services Market with Jio GigaFiber

July 6, 2018

At the 41st Annual General Meeting (AGM) of the Mukesh Ambani-owned Reliance Industries Limited(RIL), which took place on Thursday, July 5, 2018, the organization had announced the launch of the Jio GigaFiber, its broadband service, which would come under Reliance Jio, the organization’s telecom subsidiary. After having acquired 215 million subscribers since its commencement of business operations in 2016, Reliance Jio has ventured into the fixed broadband sector homes and enterprises with Jio GigaFiber.

Jio GigaFiber – Launch details

Mukesh Ambani, the Chairman and Managing Director of RIL, had announced the launch of Jio GigaFiber at the recently held 41st AGM of the company. While addressing a house filled with shareholders and media professionals, Ambani stated that the purpose of launching this service is to give customers the facility of fixed broadband connectivity through the support of fiber connectivity. He also added that Reliance Jio would provide fiber connectivity to homes and Small and Medium Enterprises (SMEs). In addition, the rollout of this broadband service would happen in 1,100 cities and customers who are interested in registering for Jio GigaFiber can register from August 15, 2018. The locations, from where the highest registrations are received, would be prioritized first, for a rollout.

Brief insights of Jio GigaFiber

Akash Ambani, the Director of Reliance Jio, had made a brief explanation of the Jio GigaFiber at the 41st AGM of RIL. He stated that through the router, customers would get wi-fi coverage at a good speed. Moreover, he added that along with JioGigaFiber, customers would also get a set-top box and a voice-activated remote, which would have the facility of various Indian languages.

Mukesh Ambani’s vision with Jio GigaFiber

Mukesh Ambani stated that nations, which have a more developed communication infrastructure, more than 80 percent of the data consumption takes place indoors with the help of a fixed-line connectivity in offices, homes, and other premises. He stated that with Jio GigiFiber, Reliance Jio is determined to take India in the list of top five countries for fiber-based wireline connectivity as well as mobility. He stated that, for the same purpose, Reliance Jio has been running beta trials in thousands of homes. He added that once the infrastructure is organized and the rollout takes place, Jio GigaFiber has the potential to integrate various digital services such as broadband, e-commerce, and cable TV, among others. He concluded that Jio GigaFiber could be a holistic digital platform for the customers.

Other announcements during the 41st AGM

The other key announcements, which took place during the 41st AGM, included the launch of Jio Phone 2, which comes with a full keyboard and the feature of a horizontal screen. The introductory price of Jio Phone 2 is INR 2,999. Apart from the launch of Jio Phone 2, Mukesh Ambani also introduced an offer wherein customers could exchange their feature phone for JioPhones at a price of INR 501 from July 21, 2018. This indicated that the entry price of JioPhone has been reduced from INR 1,500 to INR 501.

Summary

RIL enters the broadband services market with Jio GigaFiber, which was announced during the company’s annual general meeting on Thursday, July 5, 2018.

Reliance Jio Launches the ‘Jio Oppo Monsoon Offer’

June 29, 2018

Reliance Jio, the telecom division of the Mukesh Ambani led Reliance Industries Limited (RIL) has launched the ‘Jio Oppo Monsoon Offer’ for its subscribers. The telecom company had launched this offer on Thursday, June 28, 2018.

About the ‘Jio Oppo Monsoon Offer’

Reliance Jio is offering benefits equivalent to INR 4,900 and 4G internet data of up to 3.2 TB to all the subscribers who own Oppo devices. This offer is applicable on the INR 198 and INR 299 prepaid plans offered by Reliance Jio.

Benefits offered in the ‘Jio Oppo Monsoon Offer’

The subscribers of Reliance Jio, who own an Oppo device on a new or old Reliance Jio SIM card can avail of various benefits under the ‘Jio Oppo Monsoon Offer.’ They will get quick cashback benefits equivalent to INR 1,800. They can avail of these cashback benefits in the form of 36 cashback vouchers wherein each voucher would be of INR 50. In the second benefit, Reliance Jio will make a credit equivalent to INR 1,800 in three portions of INR 600, after the customers do the 13th, 26th, and 39th prepaid recharge. Under the third benefit, subscribers can avail of discount coupons equivalent to INR 1,300 from MakeMyTrip.

Details of Reliance Jio’s new offer for MyJio app users

Reliance Jio is providing the subscribers an INR 100 discount on recharges done above INR 300. In addition to this offer, it is providing the subscribers with a 20 percent discount on all recharges below INR 300. This offer is valid on all recharges done through the MyJio app. In order to avail of the offer, subscribers need to make the payment on the MyJio app, with the help of PhonePe wallet. After availing of the offer, the subscribers will get the plan benefits at discounted prices. For instance, subscribers have to pay INR 120 for doing a recharge of INR 149. In the same way, Reliance Jio’s prepaid plan of INR 399 will be available to the users of MyJio app for INR 299. Reliance Jio’s INR 149 prepaid plan, which offers internet data of 1.5GB per day, is now providing the subscribers with 3GB internet data. Reliance Jio’s INR 399 prepaid plan, which gives the subscribers 1.5GB internet data per day, is now offering 3GB internet data per day. This benefit of 1.5GB additional internet data per day is applicable to subscribers who recharge their Reliance Jio mobile numbers till June 30, 2018.

How to claim an INR 100 discount or 20 percent discount on MyJio App

In the first step, subscribers need to sign in to the MyJio app and go to the recharge tab. Subscribers have to click on the ’buy’ button in order to go to the payment page in the next step. After that, subscribers need to choose PhonePe as an option for payment. Then, subscribers need to log in to the PhonePe account after confirming their One Time Password (OTP) and mobile number. Lastly, subscribers need to do a payment of the net payable amount by using the PhonePe wallet.

Summary

Reliance Jio launches the ‘Jio Oppo Monsoon Offer’ on INR 198 and 1NR 299 prepaid plans. It is also offering discounts of INR 100 and 20 percent to the MyJio app users.