Mukesh Ambani announces Reliance JIO's ‘Happy New Year Offer’ until March 2017

MUMBAI: Buoyed by Reliance Jio growing faster than Facebook and WhatsApp in first three months of launch to reach 52 million customer base, India's richest man Mukesh Ambani today announced Reliance JIO's "Happy New Year offer'. All you need to know about JIO Happey New Offer:

• Jio has crossed 50 million customers in first 83 days (user base now is over 52 million).

• Ambani announced a rollout of Jio Money Merchant Solutions, a mobile payment application, for enabling digital payment for small merchants at their various points of transactions.

• He announced 'Jio Happy New Year Offer' of free data, voice, video and applications till March 31 for new users joining from December 4 as well as the existing ones.

• During this period, Jio customers will also be able to test-drive Jio's digital recharge and billing experience, especially using the JioMoney wallet

• However, the plan will come with a Fair Usage Policy (FUP) which will cap data for Reliance Jio customers at around 1 GB per day.

• Under the Jio Happy New Year offer, Jio customers will get 30 times the average usage on other networks absolutely free till March 31, 2017.

• A service to home delivery of Reliance Jio SIM cards was also announced. And once delivered, the Jio SIM can be activated in 5 minutes through eKYC.

• "Jio has become the fastest growing technology company, not only in India, but in the history of the world! In the first three months since its birth, Jio has grown faster than Facebook, WhatsApp or Skype," he said.

• "Starting 4th of December, 2016, every new Jio user will get Jio's data, voice, video and the full bouquet of Jio applications and content, absolutely free till March 31, 2017," he said, adding that the benefit will also be extended to the existing users.

• JIO earlier offered free voice call for life and free data till December 31.

• After that, Reliance Jio Infocomm Ltd was to offer data for Rs 50 per GB and a monthly plan for as low as Rs 149.

• Justifying the change in FUP, he said 20 per cent of users consuming disproportionately high amount of data, leading to congestion in network.