Jio Prime Plans Officially Announced, Here's the Entire List

Reliance Jio Prime subscription plans are now available for consumers to choose from. Until March 31, both new Reliance Jio subscribers and those enrolled in the Happy New Offer can upgrade to the Jio Prime subscription for an annual fee of Rs. 99. This subscription has a validity until March 31, 2018. Apart from the one-time fee, Jio Prime subscribers will need to buy a Jio Prime plan or pack to avail the benefits, and can now choose from a wide variety of prepaid and postpaid options.

So, how do you subscribe to Reliance Jio Prime? Reliance Jio says you can either head to the MyJio app to subscribe to the Jio Prime service, or use the Jio.com website. You can also choose to visit any Jio store or Jio partner store near you to enrol for the plan. Reliance Jio notes that if new subscribers buy a Reliance Jio SIM before March 3, Friday, they will enjoy Jio Happy New Year benefits until March 31. If they buy a Jio SIM after March 4, Saturday, they will need to apply for the Rs. 99 Jio Prime subscription right away if they want to enjoy unlimited benefits until March 31, 2017.

To recall, Reliance Jio had last week disclosed just the new Rs. 303 monthly tariff plan when it announced the subscription. The new Jio Prime plans are now listed on the company's website and are divided for Postpaid and Prepaid customers, alongside the regular non-Prime plans. Non-prime plans have the same tariffs, however, do not come with the same benefits. So for example, if you're a Prime subscriber then a Rs. 19 one-day plan gets you 200MB data, but, non-Prime subscribers get just 100MB of data.

Photo Credit: Reliance Jio

Those interested in Jio Prime prepaid plans can buy from the following packs: Rs.19 - which comes with one day validity, and also offers 200MB 4G data; Rs. 49 - comes with three days validity, and offers 600MB 4G data; Rs. 96 - which comes with seven days validity, and offers 7GB 4G data with a cap of 1GB daily data, and Rs. 149 - comes with 28 days validity, and comes with 2GB 4G data, and 100 SMS cap. Notably, all Jio Prime plans offer unlimited voice calls to all operators as well as on roaming. Reliance Jio's Rs. 303 plan, which was announced last week, comes with 28 days validity, and offers 28GB 4G data with 1GB daily data cap.

Some of the other packs available for Jio subscribers wishing to switch to prepaid include Rs. 499 pack - comes with 28 days validity, and offers 56GB 4G data with a daily limit of 2GB. Reliance Jio will be also offering some long-term plans to its prepaid subscribers - Rs. 999 pack will come with 60 days validity, and offers 60GB 4G data with no daily limit. Other packs listed are Rs. 1,999 (90 days), Rs. 4,999 (180 days), and Rs. 9,999 (360 days) with 4G data limit of 125GB, 350GB, and 750GB 4G data respectively.

Some of the postpaid offers available for Jio subscribers include Rs. 303 which offers 28GB 4G data for a month with 1GB daily data limit; Rs. 499 pack which offers 58GB data with 2GB data limit per day, and Rs. 999 that offers 60GB data for a month. All postpaid packs will follow bill cycle for validity.

Additionally, Reliance Jio has also listed Booster packs for consumers if they have run out of data in the middle of the month, they can take a data add on to continue using uninterrupted Internet. The Booster packs include Rs. 51 that offers 1GB 4G data; Rs. 91 offering 2GB data; Rs. 201 offering 5GB data, and Rs. 301 offering 10GB data.

The Jio Prime plans come into effect from April 1, 2017, the day the existing Jio Happy New Year Offer expires. To recall, the company last week announced its new Jio Prime subscription plan, which will now charge over 100 million subscribers for data and other services from April 1.

Jio Prime membership opens on March 1: New tariff plans revealed

HIGHLIGHTS

• Reliance Jio said to offer cheapest Prime plan at Rs. 149
• Rs. 499 pack said to offer 60GB data with no daily data limit
• The Jio Prime plans come into effect from April 1

You can subscribe to Reliance Jio Prime from Wednesday, March 1 until March 31. While Reliance Jio had only revealed one new tariff plan when it announced the Prime subscription, a new report claims that Reliance Jio will offer two new monthly plans apart from the Rs. 303 plan announced last week. Reliance Jio will reportedly offer a Rs. 149 pack under which subscribers will receive unlimited voice calls and 2GB 4G data without any daily cap for a month. Another pack will be cost Rs. 499, and will also offer 60GB 4G data with 2GB daily data cap while will offer unlimited voice calls.

To recall, the company last week announced its new Jio Prime subscription plan, which will now charge over 100 million subscribers for data and other services from April 1. Reliance Jio had announced a Rs. 303 per month pack under which existing Jio customers will get unlimited data, calls, text messages, and other services that users get as part of Jio's Happy New Year Offer.

According to a Moneycontrol report citing a CLSA note, Reliance Jio will also offer long duration plans priced at Rs. 999 with a validity of 60 days and data allowance of 60GB, Rs. 1,999 for 90 days with 125GB data, Rs. 4,999 for 180 days with 350GB data, and Rs. 9,999 for 360 days with 750GB. All these Jio Prime plans are said to come with no daily limit.

"As per our discussion with channel partners and retailers, Reliance Jio has revealed more tariff plans under the "Jio Prime Program" that requires one-time membership charge of Rs 99 to be paid before March 31, 2017," said CLSA in a note.

Reliance Jio's new Jio Prime is an extension of the unlimited services offered under the Happy New Year Offer by another year, and every subscriber needs to pay Rs. 99 annual fees for the Jio Prime subscription. Jio Prime subscriptions will kick off from Wednesday and will end on March 31, 2017. After March 31, Reliance Jio subscribers won't be able to avail the bundled services at Rs. 303 per month. The Jio Prime plans come into effect from April 1, 2017, the day the existing Jio Happy New Year Offer expires.

Reliance Jio Aims to Disrupt Taxi Space With App-Based Taxi Service: Report

Reliance Jio Infocomm, which has disrupted the Indian telecom space with free data and voice services, pushing other telecom operators to consider merger and acquisition strategies, is now planning to disrupt India’s taxi space with the launch of an app-based taxi service. Reliance Jio Cabs, expected to be launched as early as this year.

Reliance Jio claims to be a digital company than mere a telecom operator, and it already offers a slew of digital services spanning across video, music, Live TV and cloud service among others.

The Mukesh Ambani-led 4G entrant has reportedly ordered around 600 cars for its fleet from makers such as Mahindra and Hyundai to begin the service.

Jio’s taxi service is likely to be launched in Bangalore and Chennai initially, followed by a similar launch in Delhi and Mumbai, according to FactorDaily. It also reported that Jio is looking to bring in aggressive pricing to take on companies like Uber and Ola in the taxi service segment.

According to the publication sources, Jio has also appointed consulting firm E&Y to advise it on pricing strategies that align with Reliance Industries Chairman Ambani’s plans to go all out to get market share.

Reliance Jio has been offering free data and voice services, and it has recently crossed over 100 million customers before its March 31, 2017, target. The telco recently announced its Prime service for these 100 million customers and new customers joining Jio network before March 31, 2017.

Under the Prime service, Jio subscribers will have to pay Rs. 303 every month for the next one year and will get 1GB of data every day, or 30GB in a month, which is a much higher quantum and far cheaper than any of the offers of incumbent operators, besides paying a nominal opt-in charge of Rs 99.

Jio will also start charging its customers starting April 1, 2017

Reliance Jio’s Tariff Plan to Improve Industry-Wide ARPU Over Longer Term: Moody’s

Mukesh Ambani-led Reliance Jio’s tariff plan beginning April 1 this year will improve industry-wide average revenue per user over the longer term, but intense price competition is expected to persist over the next few quarters, according to Moody’s Investors Service.

"we still expect intense price competition to persist over the next few quarters, as incumbents such as Bharti, Vodafone India (unrated) and Idea Cellular respond in efforts to protect their subscriber market shares,” Annalisa Di Chiara, Vice President, Corporate Finance Group, Moody’s Investors Service said in a note.

Reliance Jio had earlier this week said customers joining its network after March 31 will pay according to the subscription plans that range from Rs 149 to Rs 4,999. The telco, however, launched its Jio Prime service for its existing 100 million customers, and new customers who are coming before March 31, 2017.

Also Read: Reliance JioAims to Disrupt Taxi Space With App-Based Taxi Service: Report

Under the service, Jio customers can continue to enjoy benefits for another 12 months till March 31, 2018, by paying just Rs 303, besides paying nominal fees of Rs 99 for membership between from March 1 to March 31. Jio prime members will also get full bouquet of digital services worth Rs 10,000 completely free until March 31, 2018.

Moody’s on Friday also said that Bharti Airtel’sproposed acquisition of Norway-based Telenor’s India unit is creditpositive.

Following the proposed acquisition, Bharti Airtel’s spectrum holding will increase in seven circles, and its subscriber market share will increase by around 2% (based on December 2016 figures), enhancing the company’s leading market position in India’s highly competitive mobile telecommunications market, and providing further growth potential in these areas.”

“It’s a non-cash deal, and although Bharti will take over outstanding spectrum payments and other operational contracts, including tower leases, we do not expect it will have a material impact on the company’s consolidated leverage. Bharti’s adjusted consolidated debt/EBITDA (including deferred spectrum liabilities) was 3.3x as of December 2016,” Di Chiara said.