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Reliance Jio can stay on its plans for next 12 to 18 months. It is also possible that company can make everyone surprise again in the telecom industry.
It may also possible that the company can bring Complimentary Service and offers once again in Telecom Sector. According to experts Reliance, Jio will work hard to acquire 15% wireless subscriber base which will suffer Airtel, Vodafone, and other telecom companies.
According to American firm Morgan Stanley if Reliance Jio continues this process it will directly effect per subscriber earning (ARPU) of Bharti Airtel, Idea and Vodafone.
It will have that much effect that ARPU of other telecom companies can be limited to 300 rupees other than Reliance Jio.
It has been reported that Jio has stepped into the Indian telecom sector on September 5 and so far the company has achieved 6% wireless subscriber market, but the company’s target is 15%.
In March, Jio had targeted the acquisition of a half-revenue market share of the telecom industry by 2020-2021. At the end of the December quarter, Airtel had 33.1 per cent, Vodafone got 23.5 per cent and Idea had a revenue market share of 18.7 percent.
H1>>> Jio customers has reached 10.9 million mark
Experts believe that Jio has 100 million subscribers in the first 170 days after its launch. On an average, 6 lakh subscribers are getting connected to Jio every day. As of 31st March, the number of Jio customers has reached 10.9 million mark, which means 90 million people connected to Jio within 40 days.
In such a situation, when customers joining speed has reduced, the company can bring a new offer to attract new customers Or it can maintain the Complimentary and Surprise Offers.