Quick answer: Why Is Jio So Cheap?

Why is Jio cheaper?

Reliance Jio has revised the price for its annual plan to Rs 2,399 and enhance the daily data limit in the new plan to 2 GB.

So, despite increase in value of the 365 days validity, the annual plan is 33 per cent cheaper than rivals due to extra data offered by it..

Is Jio losing customers?

The number of active users on its network declined by nearly 24 lakh two months ago, according to data compiled by BloombergQuint from the Telecom Regulatory Authority of India. … Its active subscriber base declined by 30.6 lakh in the month and has, in 19 months, lost close to 12.1 crore active users.

Is Jio free at night 2020?

As a part of this offer, Jio users get access to unlimited free voice and video calls across India, and unlimited high-speed 4G data (daily limit 1GB). … But no one knows that Reliance Jio officially announced Jio unlimited internet at night from 2Am-5Am daily with unlimited truly 4G data for total 3Hours daily.

Is Jio giving 2gb per day?

Reliance Jio has started offering an additional 2GB daily high-speed data benefit for four days. The new offer, which is available as a Jio Data Pack, is gradually rolling out to select users across India. The additional data allocation is available until May 2 — depending upon the data of its arrival.

Is Jio really profitable?

Jio’s net profit climbed 46% on-year to Rs 891 crore in the quarter to June, well above the roughly Rs 800 crore estimated by the markets. … IIFL said revenue of Rs 11,679 crore was a growth of 5% sequentially, or a daily revenue run-rate (DRR) growth of 4%, but marked a “significant” slowdown from recent quarters.

How does Jio earn money?

Reliance Jio is providing a commission of 4.16% on all recharges to Jio partners for recharging other numbers. This means that you will be able to earn ₹4.16 for every ₹100 worth of recharge. The money is added when you load money into the app.

How Jio can give free data?

Open your MyJio app>Tap on the hamburger many in the top left corner>Select the My Plans options. This way you can if your plan has received the Jio Data Pack with free data included. The Jio Data Pack offer will be marked as an added-on offering.

Is Jio stealing data?

No, Jio is not cheating or cannot cheat with data consumption. Anything you do on your phone that accesses the internet when not connected to Wi–Fi will eat into your data allowance.

Why did Jio give free Internet?

Reliance Jio is trying to provide more data to users so that internet usage gets easy amid Coronavirus lockdown. … For the same purpose, Jio has started offering some users with free 2GB of 4G data as per a new report. Read on to know more about it.

Can Jio phone make money?

Jio Chat has built in brand channels such as Dainik Bhaskar, BBC hindi, Freecharge to which you can subscribe for latest updates. … Recently, JioChat has started a refer & earn program using which you can easily earn upto 2000 Rs in Jio Money wallet.

How much should I invest in Jio?

Jio Platforms currently has over 388 million subscribers. General Atlantic on Sunday announced to invest Rs 6,98.38 crore for 1.34 per cent stake in Jio Platforms, while on May 8, Vista Equity Partners said to invest Rs 11,367 crore for 2.32 per cent stake.

How can I use extra 5gb data in Jio?

To redeem the additional data, subscribers need to open the MyJio app and tap on the Redeem icon in the My Vouchers section. Then, simply purchase a recharge of the requisite minimum value, and the extra data will be credited to your account.