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Jio to setup up 1M recharge outlets, Lyf launch, HP tie-up & more

Reliance-Jio

Reliance Jio is in the process of setting up 5 lakh activation outlets and 1 million recharge outlets to support its commercial launch in the ‘coming months’, reports Telecom Talk. Additionally the telecom operators has partnered with Hotstar to offer its premium content to Jio customers for free, although it’s not clear with which plans this will be available.

Hotspot device launch: The company launched JioFi 2, a hotspot device, exclusively for HP laptop owners at Rs 2899 this month. It is offering free 4G benefits including unlimited data, calls and SMS for 90 days under the plan. Note that users need to have an invite mail to be able to buy a router, although we expect post testing this device or its successor, will be available to all users.

Smartphone launch: Jio also launched a Lyf smartphone along with its hotspot device. The Lyf Wind 2 is a successor the the Wind 1 and is priced at Rs 8,299. The device has a 6-inch screen with a 720p display and is powered by a 1GHz quad-core 64-bit processor. It sports 4G, runs Android 5.1, has an 8 MP primary camera, 2GB of RAM and 16GB of internal storage. Note that, Reliance Jio’s LYF smartphones are slowly acquiring market share in terms of shipments, and the company has been indirectly using this reach by bundling data and voice offers with its yet-to-be launched telecom services.

Jio’s support Twitter handle: Last week, Reliance Jio got a verified Twitter handle called @JioCare. The handle is the telecom operators official customer support landing point. As of now the support handle will reply to questions from 6am to 11pm. Note that the account has been registered since April 2013 and has over 2000 tweets and 1800 followers.

Manufacturer tie-ups: In July, Reliance Jio tied-up with Samsung smartphones to extend its preview offer of 3 months of unlimited data and 4,500 minutes of voice calls, unlimited video calls and SMS, and preview access to Jio apps. The company had previously opened its network to the public on an invite-only basis through its employees in May, and those SIM cards worked only with LYF smartphones. This is Jio’s 3rd tie-up with a hardware manufacturer.

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Jio fundraise: In July, Reliance Industries said that it would infuse an additional Rs 15,000 crore in its telecom unit Reliance Jio (RJio) through a rights issue, which could take the total investment to about Rs 60,000 crore, during an analyst call. In October last year, Jio raised Rs 3000 crore by issuing secured redeemable non-convertible debentures to aid its 4G roll out. In May 2015, the company had raised a $750 million loan (~Rs 4500 crore) from nine banks on a 10 year repayment period.

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