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Reliance Jio added 72.4M subscribers since commercial launch

Mukesh Ambani-owned Reliance Jio claims to have 72.4 million subscribers as of December 31st 2016, which is up from 50 million subscribers at the start of the same month. TRAI’s subscription data revealed that Jio’s subscriber base grew 122% month-on-month (Sep-Oct) post commercial launch. The company expanded its Aadhaar-based eKYC registration for SIM cards to over 3 lakh outlets across the country, and initiated home delivery of SIM cards across 600 cities.

Jio said in statement that it continues to face interconnection issues with “larger operators” due to inadequate number of Point of Interconnection (PoIs) between Jio and rest of the operators. This has resulted in lower quality of service, the statement added. The company claims that 175 calls are failing our of every 1,000 calls made from Jio to Airtel network. It however did not provide call failure data for rest of the operators.

Reliance Jio’s retail device distribution business sold a total of 2.8 million LYF devices and accessories during the quarter ended December 31st 2016 (Q3 FY17). The company claimed to have a network of 1986 Reliance Digital and Digital Express Mini stores— its chain of electronics and gadgets store. Reliance Industries owned omni-channel fashion store Ajio.com had an offline retail presence across 169 stores in India.

Note that the company started listing LYF devices on its jio.com portal last month. It also partnered with Niantic Labs to list a select number of Reliance Digital Stores and partner outlets as ‘PokéStops’ or ‘Gyms’ in the Pokémon GO game during its launch last month.

Jio Money wallet launch for merchants

Last month, the company’s wallet and payment platform Jio Money wallet started on-boarding offline retailers and merchants including small shop owners, mandiskirana stores, railway counters, etc. across 17,000 towns it operates in. For merchants the company launched “Jio Money Merchant app” to accept payments from Jio Money Wallet users.

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© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ