The user base of Reliance Jio has crossed 160 Million, a bit more than a year post the newbie created a storm into the industry of telecom service with aggressive data and voice services. The newest user base of the telecom provider was unvalued by son of billionaire Mukesh Ambani, Akash Ambani, at an interview with Shahrukh Khan, the Bollywood superstar, at the time of a glitzy occasion last evening to mark 40 Years of existence for Reliance Industries and to honor birthday of founder Dhirubhai Ambani.
In an onstage conversation with the Ambani twins Isha and Akash, the 52-year-old actor cited that the telecom company now has 100 Million users. Akash corrected him stating “160 Million, SRK!”, in return prompting the “Badshah of Bollywood” to take a glance at how good just the Ambanis were with figures. Reliance Jio made an entry in September 2016 in the highly spirited telecom industry with a 6-month promotional proposal of free data and voice, a plan that assisted it mobilize millions of consumers.
Jio gave an open dare to the current telecom providers with its troublesome tariffs, activating a cost war that witnessed harsh bloodletting in the segment in the preceding months. Previously this year, Mukesh Ambani declared the roll out of a 4G-supported feature handset priced at “effective” zero, which encouraged low revenue consumers with cheap data and life-long free voice calls packed with the phone.
The mobile user base of the country, the 2nd biggest market post China, stands at more than 1.1 Billion with Vodafone, Bharti Airtel, and Idea Cellular as the leading 3 providers. As per previous posted information by the TRAI (Telecom Regulatory Authority of India), the user base for Bharti Airtel in October was at 285 Million followed by Idea Cellular (191 Million), Vodafone (208 Million), and Jio (145.9 Million). Presently, user base of Reliance Jio is at 160 Million.