Reliance Industries had said on 20 October that the welcome offer on Jio that the company had launched on 5 September will get over on 3 December but the benefits of free data and calls will continue till 31 December. Photo: ReutersReliance Jio Infocomm Ltd may extend its offer of free phone services to customers till March, about three months later than its earlier plan of ending free services on 31 December, parent Reliance Industries Ltd told analysts. “Mass scale free welcome offer could continue until March 2017 to attract subscriber growth towards the celebrated 100 million mark with RJio’s indicative data pricing at Rs130-140 per giga byte,” Motilal Oswal analysts wrote in a 21 October note. Reliance Industries’ management said that there were no restrictions on the number of promotional offers a company can launch, analysts at Citi Research said. Edelweiss Securities added that Jio is targeting an average revenue per user of Rs300-500 with a larger focus on middle class customers.

Source: Mint October 23, 2016 18:33 UTC