Do you want to know the secret behind Reliance Jio Success. Read this article to know how Jio beat even the expectations of eminent market analysts to establish itself at a profitable company in just few years of its launch.
A) Strong
Customer Engagement
1) Jio
has continued its strong subscriber growth trend with net addition during the
quarter of 28.7 million (as against 26.5 million in the previous quarter),
highest in any quarter since the launch of commercial services
2) Gross
adds at 30.5 million and churn of only 1.8 million implying the lowest industry
churn
rate at 0.30% per month
3) Customer
activity grew substantially in the quarter with average data consumption per user
per month of 10.6 GB and average voice consumption of 744 minutes per user per month
4) Video
consumption drove most of the usage, increasing to 340 crore hours per month
on the
network; average video consumption of 15.4 hours per subscriber per month
5) Jio
post-paid plan with attractive international calling tariffs and roaming plans
has seen good customer traction
6) Jioprepaid tariff plans continue to offer highest value to customers; revised
JioPhone
offer
(by Reliance Retail) with exchange policy and lower upfront commitment to
accelerate
customer uptake
B) Superior
and Next-Gen Network
1) Continued
expansion of 4G network coverage and further deepening in existing areas to
achieve 99% population coverage during 2018
2) Only
network to deploy pan-India 4G across the 800MHz/ 1800MHz/ 2300MHz bands
World’s
largest mobile data consumption network
3) World’s
largest VOLTE network
4) Ranked
fastest network over last 18 months by TRAI’s MySpeed Analytics app (average download
speed of 18.6 Mbps during June 2018, as per TRAI)
5) Lowest
call drop rate at 0.13%; 100% network availability
6) Strategic
acquisition of Radisys by Reliance Industries Limited (‘RIL’) to accelerate
technology
leadership in the areas of 5G and IoT
C) FTTH
and Enterprise Services
1) JioGigaFiber
services for Home broadband, Entertainment, Smart Home Solutions,
Wireline
and Enterprise was announced during 41st AGM (post IPO) of RIL held on 5th
July
2018
2) Customers
across 1,100 cities can register for services starting 15th August 2018 and homes
to be connected on priority based on number of requests received in the area.
D) Largest
Distribution and Service Network
1) Pan-India
distribution channel with over 1 million retailers
2) Rapidly
growing base of Reliance Retail digital outlets and Jio Points
3) Continuous
enablement of distribution channel through latest platforms and services
4) First
in industry initiatives such as real time pay-outs, auto replenishment of
wallet, etc.
5) MyJio
is the most popular self-care app with over 200 million downloads and
substantial additional features
E) Suite
of Differentiated Digital Offerings
1) All
of the digital applications and services offered to customers are leaders in
their
respective
categories
2) JioTV
is the best rated live and catch-up TV app; JioCinema is the most popular video-on-
demand app; combination of JioMusic and Saavn has created a music powerhouse; JioMags
and JioNews are other highly popular customer offerings.
3) Jio
EverywhereConnect was introduced for Apple Watch Series 3 (GPS + Cellular)
users,
which allows Jio users to use the same Jio number on both their iPhone and
Apple
Watch Series 3 at no additional cost
4) JioInteract, the world’s first artificial intelligence (AI) based brand-engagement
video
platform,
was used across different programs.
Note:
All this information has been sourced from press releases of Reliance Jio
Company.
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