Friday, 31 January 2020

Does Reliance Jio is doing something unethical with customers?


I am sure that the idea of Jio was not just to bring justice to the citizens of India by bringing into control the prices of data services offered by the various telecom industries in India.
I have read a lot of answers thanking Mukesh Ambani for this service. It is too early for us to praise him. He is a business man. The more business mindset a person has, the lesser he will care for the publics, unless he really has a heart of gold. Any product or service launched by him is not for the people, it is for the profits, or something he feels is worth more than money. Like your personal information.
Do you remember giving your Aadhaar number while you registered for the Jio service? What if I tell that the Aadhaar number is not supposed to be disclosed to anyone? And when you linked your Aadhar with the Jio, all your personal details are disclosed to the company. The company now knows more about you but what they plan to do with that information is something I don’t know.
Before Jio there was too much player in the market. Now, they are not even having that much telecom player in the market. No businessman would miss out on an opportunity to knock money off people’s head. Only some player would be left in the competition after this year. Jio would have a huge market share. Airtel would too be in the market. But other companies? Mukesh Ambani is not so careless to invest so much money in a telecom company for just doing service for us. It means the return he expects is more than investment he made.
Mr. Mukesh Ambani gives 0.4% of his personal wealth to charity.
Azim Premji (Chairman of Wipro) gives 15% of his total wealth to charity.
Bill Gates gave 95% of his wealth for charity purposes.
This comparison was not to compare the amount of wealth they give out to charity. This is just to show you that Mukesh Ambani is not a kind of person who do business for people’s welfare.

Beware, people. Beware.