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Reliance Jio announces Prime Membership for Rs. 99

Reliance Jio users are aware that their free to use Reliance Jio SIM with free data will expire on 31st March 2017 but there is some good news after that. Mukesh Ambani today announced that current Jio customers and those who become one before 31st March can enroll for Prime Membership for just Rs. 99.

Under this Jio Prime Membership scheme the users will get to enjoy the Reliance services for free until March 31st 2018. The customers however will also be charged Rs. 303 per month (that is Rs. 10 per day). The Rs. 99 actually extends the content bouquet + free services.

So in order to continue using the Reliance Jio SIM as is, customers will need to become prime members by paying Rs. 99 (for year) and Rs. 303 per month.

So what do you think about this? And by the way Idea Cellular shares dropped 2% and Airtel shares dropped 3%.