Showing posts with label Mukesh Ambani. Show all posts
Showing posts with label Mukesh Ambani. Show all posts

Thursday, 29 December 2016

Reliance Jio sends a justification to Trai in the offer 'Happy New Year'




Reliance Jio billionaire Mukesh Ambani told telecoms regulator Trai that his latest voice and data offer does not violate any of the existing rules that require promotional offers to be limited to 90 days.

Responding to the clarification requested by the Indian Telecommunications Regulatory Authority (TRAI) regarding the extension of the free call and data offer until March 31 after the 90-day promotional period expired on December 4, Jio sent A detailed note explaining how his '' was different from the inaugural offer and does not qualify to be called as a predator.

Sources with direct knowledge of the development said that the company explained in detail how the new offer can not be qualified as an extension of the promotional offer because it is different from the inaugural offer launched in early September.

The response was to Trai's letter dated December 20, in which the regulator asked the company why its 'Happy New Year Offer' should not be considered as a 'violation' of the regulatory guidelines and also why Offer free data under the promotional scheme should not be treated as "predators".


Jio has maintained that Happy New Year's latest offer is substantially different from Jio's welcome offer (which began Sept. 5), as 4GB of free data was offered per day on the initial offer, while the same offer Was limited to 1GB. Fair Use Policy) in the new offer.

Jio is also believed to have emphasized that rate plans have multiple components and if even a single component is altered, it can not be interpreted as the same offer or its extension.

In addition, they say that in the first offer there was no option of renewal or payment after the 4GB limit is exhausted, but in the new offer you can recharge both the data and the promised speed.

Regarding the dominant position in the market, Reliance Jio is six percent of the facilities in the country, while the rules of the Indian Competition Commission (ITC) specify a threshold of 30 percent to trigger the clause Of "abuse of market dominance".


Thursday, 1 December 2016

Happy New Year! Jio Freeloads continues through March 2017, JioMoney dealer solutions announced




Reliance Jio's Freeloader benefit is not yet complete. While Jio's welcome offer is about to end on December 31, RIL president Mukesh Ambani took the stage on Thursday and announced the Jio Happy New Year Offer, which will offer voice, data, video and all Jio application suite for free. cost. As of December 4, each new Jio client will be able to take advantage of the offer, just like existing customers. The Jio Happy New Year offer runs until March 31, 2017.

The Happy New Year offer is basically the same as the previous Welcome Offer, but Ambani announced that the Fair Use Policy for that offer will be reviewed. We still do not know what the official limit will be.

What has been rumored for months has come true. Mukesh Ambani really extended its unlimited offer all to all users and in doing so posed a major threat to the rest of the telecom industry to hunt down its customers.

The Reliance chief acknowledged the problems that Jio users have been facing for some time due to congested networks. He blamed the occurrences of the call falls and the low data speeds on the anticompetitive behavior of historical operators, that of denying the interconnected points. He said that about 900 voice calls from Jio networks to their 3 largest competitors were blocked.

Ambani announced that Jio is the fastest growing technology company, not only in India, but also in the world. "In the first 3 months, Jio has grown faster than Facebook, WhatsApp or Skype."

He said Jio has been optimized for data from scratch, and Jio users have used 25 percent more data than an average broadband user in India.

In addition, Ambani welcomed Prime Minister Narendra Modi's policy of demonetization as a push for an optimal cash economy with digital capability in India.

And to empower citizens to convert physical cash into digital cash and vice versa, Ambani announced that JioMoney will be complemented by millions of contact points where micro-ATMs will be deployed.

In addition, to enable low value and high volume transactions, traders may
For all types of digital transactions, including acceptance of debit and credit cards through JioMoney's Business Solutions.

The move, like the Paytm Bank Account Transfer and the application-based POS, will enable small business owners and entrepreneurs to operate in digital currency without problems.