JioFiber Waives Entry Fee, Installation Charges For New Postpaid Customers

Telecom operator Jio on Tuesday waived entry fee and installation charges for new customers opting for postpaid Jiofiber connections to strengthen its position in the segment.

The company has also introduced monthly plans for JioFiber postpaid customers and given an option to subscribers of low-value plans to pay Rs 100 for availing access to six entertainment apps.

"Users will get Internet Box (Gateway Router), set-top box and installation valued at Rs 10,000 at zero cost when they opt for a JioFiber Postpaid connection," Jio said in a statement.

Under the new plans, Jio has given the option to the subscriber of only internet plans, priced at Rs 399 and Rs 699 per month, to get access to six entertainment apps by paying Rs 100 extra and all 14 apps by paying Rs 200 extra in addition to their existing charges.

The company has relaxed postpaid plans by giving customers the option to pay on a monthly rather than quarterly basis.

According to telecom regulator Trai data, Jio has been leading new customer additions in the wireline segment.

In about two years of commercial rollout of its fixed-line broadband services, Reliance Jio in November toppled 20-year-old state-owned telecom company as the top service provider in the segment.

Jio led the growth in the wireline segment in February by adding 2.44 lakh customers. It was followed by which added 91,243 customers, (24,948), Quadrant (18,622) and Tata Teleservices (3,772).

The government-owned and MTNL, who jointly have a 49.5 per cent share in the segment, lost 49,074 and 21,900 fixed-line customers, respectively.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

RECENT NEWS

The Battle For Depositors: US Lenders Ramp Up Efforts Amidst Rate Uncertainty

In the competitive landscape of the US banking sector, retaining depositors is paramount for lenders seeking to maintain... Read more

Beyond Capital: Unveiling The Complexities Of Bank Failure Prediction

In the realm of banking, the ability to predict and prevent failures is paramount for financial stability and consumer c... Read more

Central Banks And The Economic Horizon: Steering Through Uncertaintie

In the evolving landscape of global financial markets, the strategic role of central banks has come under intense scruti... Read more

Transforming Financial Operations With Robotic Process Automation

Author: Ricardo Goulart                           ... Read more

The Role Of Machine Learning In Fraud Detection

        Author: Gerardine Lucero                  &nbsp... Read more

Principles Of Islamic Banking And Finance

When it comes to banking, a significant new contender has entered the ring. The principles of Islamic banking and financ... Read more