Reliance Jio will add 40 million users, $2B revenue in next fiscal, Morgan Stanley predicts
Reliance Jio will add 40 million users, $2B revenue in next fiscal, Morgan Stanley predictsReuters

Reliance Communications had made 10GB data available at Rs 93 in June for those who bought Jio Sim. The offer was discontinued after the initial hysteria, but the company has come up with yet another interesting data plan.

The newly launched Reliance Jio Preview Offer for several smartphones across different brands has garnered immense interest among customers. The offer gives unlimited access of high-speed 4G data and free calls for 90 days to all the eligible devices. This means those who avail Jio Preview Offer can have access to unlimited data, HD voice call, HD video call, SMS, and Jio apps for three months by getting a new Jio SIM from Reliance Digital or Xpress Mini Store.

Reliance Jio launch live event photos

Now, it's been speculated that Reliance Industries chairman Mukesh Ambani may announce Reliance Jio commercial launch date, data tariff and other future plans at the company's annual general meeting (AGM) scheduled to take place on Thursday. It is reported that Jio will be the cynosure of all eyes at the event, and the company may even come with a special tariff plan for its Lyf owners with an aim to make it one of the top brands in India.

Reliance Jio is expected to file its tariff plans with the Telecom Regulatory Authority of India (TRAI) soon so that it can be introduced once the Jio Preview Offer ends. Meanwhile, the Cellular Operators' Association of India (COIA), which comprises Airtel, Vodafone, Aircel, Idea, Videocon and Telenor, is causing trouble to Jio by refusing to give more Point of Interface (PoI) till its commercial launch. The company has been accused of commercially releasing its service in the guise of trials.

Reliance has said that Jio trial programme will be eventually upgraded into commercial operations, and has assured that the services will be made available at a rate substantially lower than other service providers. This move will force its rivals to cut tariffs.

Jio Preview Offer is currently available to smartphones from LYF, Samsung, Sony, LG, Asus, Panasonic, Micromax, Karbonn, Xolo, Gionee, Lava, Videocon, Sansui, YU, TCL, Alcatel, HTC, Vivo, and Intex.