Reliance Jio achieved new success

Reliance Jio achieved new success

Question : Brand Finance’s latest study(January 2021) result shows that Reliance Jio becomes world’s 5th strongest brand. India is one of the leading telecommunication market. The total subscriber base in the country stood at 1,167.81 million as of August 31, 2020. How much tele-density in this period ?
(a) 86.23 percent
(b) 76.23 percent
(c) 96.23 percent
(d) 66.23 percent
Ans. (a)
Related facts

  • Brand Finance is the world’s leading independent brand valuation and strategy consultancy.
  • Brand Finance’s latest study(January 2021) result shows that Reliance Jio becomes world’s 5th strongest brand.
  • BSI(Brand Strength Index) score of Reliance Jio
  • Reliance Jio achieved this with a Brand Strength Index score of 91.7 out of 100 and the elite AAA+ brand strength rating.
  • Apple, Amazon, Disney, Tencent, Alibaba, Nike, etc. are now behind of Reliance Jio.
  • Jio scores highest in all metrics – consideration conversion, reputation, recommendation, word of mouth, innovation, customer service and value for money – compared to its telecom competitors in India.
  • Reliance Jio
  • RJio stated that despite only being founded in 2016, Jio has quickly become the largest mobile network operator in India and the third-largest mobile network operator in the world, with almost 400 million subscribers.
  • The dominance of the brand across the nation is evident from the results from Brand Finance’s original market research.
  • Indian Telecom : Industry at a glance
  • India is one of the leading telecommunication market.
  • The total subscriber base in the country stood at 1,167.81 million with a tele-density of 86.23%, as of August 31, 2020.

By — Pankaj Pandey.

Link:
https://www.indiainfoline.com/article/news-top-story/reliance-jio-becomes-world-s-5th-strongest-brand-121012800834_1.html