All Jio Prime members who have subscribed to the exclusive membership benefits till March 31, 2018 will get another year of complimentary Prime benefits at no additional fee (limited period offer), a company statement said here on Friday.
The Jio Prime membership was priced at Rs 99 and the company claimed to have over 100 million users subscribed to the membership. However, the Jio Prime subscription is set to expire on March 31 and the question is what the operator will offer next.
The top court refused to lift the stay ordered by the arbitral tribunal and set aside the March 8 order of Bombay High Court by which R-Com's petition was dismissed.
Jio joins the list of other leading global companies such as Apple, Netflix, Tencent, Amazon, Spotify and many others.
The cashback offer is available on all 4g VoLte devices, whether purchased from stores or e-commerce websites.
The new Facebook app for JioPhone supports push notifications, video, and links to external content, the company said in a statement.
According to a statement issued by the company, JioPhone users will enjoy free voice calls and unlimited data (1GB at high speed) for 28 days at a price of only Rs 49.
The Rs 1,500 JioPhone supplies were higher in the late Q4 and the device managed to bridge the demand vs supply gap.
"All existing 1 GB packs will be enhanced with two additional options: 50 per cent more data or Rs 50 discount on the price plans," industry sources said.
The agency said it expects RIL to pay less than Rs 25,000 crore for the acquisition as it is acquiring only the towers, optic fiber cable network, spectrum and media convergence nodes, and not the realty assets.
The announcement comes days after RCom disclosed a deal with lenders under which Rs 40,000 cr will be raised through sale of assets, averting an imminent takeover by the 35 local and foreign banks.
The cashback offer will be valid for all recharges with a value of Rs399 done between 26 December to 15 January, 2018.
As per the CAG report, the five companies understated revenue to the tune of Rs 14,813.97 crore.
Most exits have been involuntary, meaning employees have been asked to leave after being offered three to six months’ salary as severance package.
The deep-pocketed Jio has been offering data almost free for a year now, while it charges nothing for voice, forcing the incumbents to make matching offers.
As on September 2017, Airtel's consolidated debt stood at Rs 91,480 crore.
The triple cashback offer includes 100 percent cashback vouchers of JIO worth Rs 400 on every Jio tariff plan recharge of Rs 399 or above
Airtel is likely to shut down its 3G network in 3-4 years and refarm the spectrum linked with it for 4G services.
Airtel's total revenue fell 11.7 per cent to Rs 21,777 crore during the second quarter of 2017-18, from Rs 24,651.50 crore in the year-ago period.
Micromax Bharat 2 Ultra will be available at Vodafone stores from the first week of November.
Top News
Latest News
