Everyone is familiar with the strategy of Reliance Jio to rule over the telecom market. The limelight has been stolen from its rivals with unlimited calls, free data offers, and other packages including heavy concessions on its 4G smartphone. The rival – Vodafone, Bharti Airtel and Idea Cellular have been unquestionably unnerved. These companies have to suffer massive losses in their earnings. Advent of Reliance Jio has driven other telecom companies into the ground and also led to mergers between the others. Mukesh Ambani’s Reliance Jio is also offering a facility to its customers that will help them earn monthly between Rs 20,000 to Rs 50,000.
First let us have an understanding of the place of network in telecom market. Kotak Institutional Equities published a report which revealed that as per the results published on the portal ‘MySpeed’ of TRAI, Jio’s network speed could not be validated by speed test results from different sources – TRAI’s city-level independent test drives (IDT) and OpenSignal.
Kotak’s analysts Aniket Sethi and Rohit Chordia mentioned, “For now, absolute and relative pricing remains the key driver of usage surge,data adoptionand market share movement. It is believed that, over time, quality of network (the value side of the equation of price-value) might evolve as a significant, if not more important, driver of relative market shares.”
Pan-India, Reliance Jio’s average 4G download speed, as per the TRAI ‘MySpeed’, is 20.3 Mbps. It is substantially higher than the speed of the incumbents. However, the report published in Oct 2017 by OpenSignal pegged Jio at the 4th position, with an average download speed of 5.8 Mbps and the incumbents’ speed being in the range of 7.4-9.2 Mbps. As per IDT results, population-weighted 4G download speed comes out to be 5.6 Mbps for Jio and 6.3-7.6 Mbps for the incumbents.
But this is not something to worry, since Reliance Jio has realized the need to provide its customers with good data speed and as a result, the company is offering its users with Jio Tower Installation along withpayment of rent for installing those tower/s letting the users to enjoy internet at great speedat the same time!
Reliance Jio’s website mentions that, “Since the users are struggling with network problem and data speed, the company ‘Reliance JIO Infocomm Limited’ has made a decision to install 6000+ North Infratel throughout the country and shall issue the detailed official guidelines shortly, to install JIO tower at your roof top, in your plot, market, field, etc.” The number of Reliance Jio users have gone over 21.5 million and are increasing day by day.The company then announced that it would install 65000 towers throughout the country in order to improve the quality of the Network. This lets the user to apply for installation of Jio Tower in their village/ buildings/ or agriculture farm. The users can call the executive and can give them their village/ location/ district/ tehsil address.
The monthly rent of JIO 4G tower will vary across places and will be based roughly on minimum lease period, prevailing conditions etc. The individuals residing in rural areas, will receive an amount of Rs 20,000 to Rs 30,000 monthly, for minimum 15 years. The point to be noted here is that, the rent is dependent upon the available space, which as per Reliance Jio should be 500 sq.feet.While for individuals residing in the urban areas, the rent received would be between Rs 35,000 to Rs 50,000, for an available space of 500 sq.feet, with 15 years as the minimum lease duration. Application forms for JIO 4G Tower installation will be soon available for major cities like Mumbai, Delhi, Bangalore, Chennai, Hyderabad etc.
Probable list of documents that are to be submitted along with Application Form:
- Valid ID of the Owner
- Xerox copy of Land Papers
- Recent Land Survey Report
- NOC of the Civic Body
- An Expression of Interest Letter from Owner
Hence, if you have an availability of a patch of space, after qualifying the above listed norms earn up to Rs 50,000, and opt for Reliance Jio’s tower installation movement.