Reliance Jio Launches "Jio Holiday Hungama Offer" for which it partnered with digital payments portal PhonePe and offering instant Rs 100 discount for the Rs 399 plan.

Jio has announced the re-branding of it Rs 399 plan as a new Holiday Hungama Offer with price Rs 100 less than before. That said, with this offer, the Rs 399 plan becomes Rs 299 if the customer falls under the Holiday Hungama terms and conditions.

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Prepaid Plans Updated on 15th May 2018

Reliance Jio Planning to Offer Long Tern Benefits

Jio will also offer long span gets ready for Rs 999/1999/4999 with legitimacy for 90/180/360 days and information stipend of 60/125/350 GB with no day by day limits, as per CLSA. Explaining the fine print of Jio new tariff plans, the CLSA note expressed that while membership to Jio apps is accessible to every one of these plans, the organization has restricted free voice up to the initial 1,000 minutes/month, also Reliance is planning to offer free calls and data benefits.

Also, "Jio Prime membership and its benefits could be cancelled unless a minimum recharge of Rs 149 is made every month," it said.

Jio Tariff After 31st March For clients who fail to sign up for the Jio Prime membership before March 31, Jio will declare standard plan that won't just match the tariff plans of its opponents yet will likewise offer 20 percent more data contrasted with its companions, Reliance Industries Chairman Mukesh Ambani had said on February 21.

Jio’s Aggressive Push

In his regard a week ago, Ambani had said that Jio crossed 100 million subscribers. For this, the telecom organization is putting forth commission rates higher than the business standard, CLSA said.

“Our discussion with channel partners reveals that Jio has also offered much higher commission rates of over 6 percent on recharge versus industry average of sub-3 percent. While we find the tariffs quite attractive for data users, high commission rates should provide an added push for high membership of Jio Prime and allow Jio to start with a high chargeable subscriber base,” the CLSA note stated.

Jio had crossed 50 million subscribers in only 83 days of its announcement, including at a normal rate of 6 lakh subscribers for every day and outperforming the supporter expansion rates of global giants like Facebook, WhatsApp, and Skype. Reporting its second from last quarter results about, Reliance Industries had said that Jio has gathered 72.4 million supporters as of December 31, 2016.

Reliance Jio’s Check to Rivals

CLSA also has stated that the rivals such as Airtel, Vodafone, Idea, and others may not match with the service of Reliance Jio at very lesser tariff prices.

“These plans again underscore that Jio is playing the capacity game. Given its huge capacity advantage, we believe incumbents may find it difficult to match this offer without impacting user experience on their networks," it said adding that "While one may find the Rs149/month plan as ARPU dilutive, Jio is possibly using this to entice users into building habits of higher data and video usage as it offers its Jio apps free along with this,” it said in the note.

"Vodafone confirms that it is in discussions with the Aditya Birla Group about an all share merger of Vodafone India (excluding Vodafone's 42% stake in Indus Towers) and Idea. Any merger would be effected through the issue of new shares in Idea to Vodafone and would result in Vodafone deconsolidating Vodafone India," Vodafone had said in a statement earlier in February.