In the last week, it was reported that the Reliance Jio subscription has dropped by 50 percent. This drop in the subscription is mainly due to the user complaints and concerns regarding the network.
Despite the fact that the network added 16 million users in one month of its launch, it has witnessed a 50 percent drop in its rate of subscription. Now, there are reports that Reliance Jio subscriber growth has taken a 50 percent plunge.
The Jio subscription has dropped due to the significant drop in the sale of the Jio SIM cards and the same happens due to a slew of factors and not just one. Here, we have come up with some of the factors that are responsible for the drop in Jio subscription. Take a look at these from below!
Demonetization is a major reason
The recent move of the Indian government to ban the old currency notes such as Rs. 500 and Rs. 1,000, which is the cash demonetisation is one of the major reasons for the drop in the Jio subscriptions. We say this as the average footfall in the Reliance Digital and Xpress Mini stores to buy the SIM card has reduced significantly.
People prefer exchanging their old currency
Though there is no direct link between the sale of Jio SIM cards and demonetisation, it is important for the average people to stand in queues in banks to exchange or deposit their old currency that is no more valid or outside ATMs to draw money from their account.
Welcome Offer 2 to arrive
There are speculations that the Reliance Jio will end the current Welcome Offer on December 3, 2016 as it will complete 90 days. It is also expected to introduce another such offer after this period that will be applicable for another 90 days.
Jio is mostly the second SIM
Recently, it was reported that the Reliance Jio SIM is used as the second SIM card and the subscribers are still making use of SIM cards from other networks such as Airtel, Vodafone or Idea as their primary ones. Eventually, they are using the Jio SIM only to get the benefits that it comes bundled with. It makes it clear that the further growth of Reliance Jio depends only on the benefits that it will provide.
Doesn't end with these
The other factors that play major roles in the drop in Reliance Jio subscription include slow connectivity, poor service as well as pathetic download speed. When it comes to calls, there are issues such as regular call drops and poor voice quality.