Archive for the ‘Reliance’ Category

Jio Has Contributed over 16.2 Million Users to India’s Telecom Subscriber Base

February 3, 2017

India is experiencing a revolutionary transformation in the digital sector. The country even recorded a growth in telecom subscriber base by 21.02 million towards the end of November 2016, owing to Reliance Jio’s massive telecom venture.

Jio responsible for boost in country’s telecom subscriber base

While the number of subscribers in October 2016 was 1,102.94 million, in November 2016, this number shot up to 1,123.96 million, according to a Telecom Regulatory Authority of India (TRAI) report. Therefore, as per the increase in subscribers, the monthly growth rate was recorded at 1.91%. The number of mobile subscribers in India also rose to 1,099.51 million in November 2016 as compared to the previous month’s 1,078.42 million. This large-scale increase in the number of subscribers was attributed to Jio’s active operations in the telecom sector. Mukesh Ambani led Jio has been regarded as one of the biggest contributors to the growing number of telecom customers in India, with the brand adding more than 16.2 million users in November 2016. In only three post its launch, Jio managed to increase its subscriber base to a whopping 51.87 million, owing to its effective marketing strategy and superior 4G services. The company is now a leading brand in the mobile broadband sector.

Social networking platform, Facebook, benefits from Jio

Leading social networking platform, Facebook has also benefitted from Jio’s massive 4G roll out, which was evident in the former’s fourth quarter earnings. Jio’s free 4G services led to a large number of subscribers adopting the facilities and consequently increasing their usage of apps like Facebook. In terms of user base, Facebook stated that India has been the social networking app’s strongest growth market.

David Wehner, the CFO of Facebook, revealed that the company’s growth in Asia mainly witnessed a boost because of the free data services offered by Jio in India. He stated that the promotional free offer launched by the telecom brand considerably impacted Facebook’s revenues. Jio, which was launched in September 2016, made its foray with a preview offer that gave users access to free data services and apps for three months. These services were then extended for another three months with the Jio Happy New Year Offer.  Additionally, the brand even made voice calling free for a lifetime. Jio’s marketing strategy even compelled incumbent operators to reduce their tariff plans as well.

Towards the end of the fourth quarter, Facebook recorded 165 million monthly users in India. This is being considered as the largest user base of the platform anywhere in the world after the United States. Facebook witnessed a year on year consumer base growth rate of 18%. In this regard, out of the 1.23 billion active users worldwide, 396 million have been from Asia.

Recently, a study by mobile analysis application, Smartapp, revealed that platforms like Facebook have profited the most from Mukesh Ambani led Reliance Jio’s telecom services. The analysis even found that ever since Jio’s free promotional offer was rolled out, the login rate for Facebook rose to 467%.

Summary

Reliance Jio’s performance in the industry has contributed largely to the total number of telecom subscribers in India, according to TRAI.

Jio Plans to Extend its Network Capacity with an Investment Worth Rs. 30,000 Crore

January 16, 2017

Mukesh Ambani led Reliance Jio has made it to the list of India’s top telecom operators within a few months of its launch. It has not only delivered quality services but also managed to surpass industry standards with its massive subscriber base. The operator intends to keep up its performance by improving its network capacity and expanding coverage. For this, Reliance Jio will be investing a whopping Rs. 30,000 crore. This new investment will make the total investment towards Jio Rs. 1.9 lakh crore.

Investment to develop infrastructure

In a rights issue notice that Jio announced for its existing shareholders, the telecom operator stated that since Jio received a highly positive response to its 4G services it would be beneficial to invest further towards the development of the brand. According to the company, the large-scale demand for 4G services in India is also one of the main reasons to improve Jio’s infrastructure through investments.  Jio added that the finance for the same will be acquired through an equity offering to strengthen the company’s balance sheet. As per the notice, Jio’s board of directors will be making a rights issue worth Rs. 6 billion.

Jio’s subscriber base to increase – JP Morgan

According to an analysis by JP Morgan, Jio will witness steady development in the upcoming months, with its subscriber base set to increase towards the end of FY17. The brand launched its services with the welcome offer that provided customers with unlimited data and app services for three months. This managed to help Jio draw a large number of users to its network. After this promotional deal expired in December 2016, the telecom operator introduced the Jio Happy New Year Offer, which allows users to continue enjoying the free data services and premium applications until 31st March 2017. The company aims to expand its reach and garner close to 100 million customers by the time the Jio Happy New Year Offer ends. The telecom operator has already secured 72.4 million users and as per JP Morgan, the brand is not far from attaining its 100-million target.

Jio’s services

After the free offer ends, customers may opt for any of Jio’s affordable data plans. Customers could select monthly plans like the Rs. 149 package or the Rs. 499 package. Depending on budget preferences, users are free to choose from different plans. The report by JP Morgan revealed that Jio’s free data offerings and affordable tariff plans have led incumbent operators to reduce their data prices as well. The report by JP Morgan stated that Jio’s future growth is also dependent on the number of users who decide to become paid subscribers even after the free offer ends. A recent survey conducted by Bank of America Merrill Lynch revealed that around 85% users will most likely continue as paid customers on the Jio network.

Summary

Reliance Jio will invest an additional Rs. 30,000 crore towards expansion of its network infrastructure.

Reliance Jio Will Partner with Mumbai University to Offer Free Wi-Fi across 833 Colleges

December 7, 2016

Reliance Jio is leading the digital revolution in India and preparing the country to embrace a digital life. Although services like data, voice calling, and Wi-Fi facilities were something that a large segment of people in the country were unable to afford, the scenario has now changed. Jio has been at the forefront of this change by eliminating voice call charges and offering data plans at economical rates.

Free Wi-Fi access in colleges

The company has taken yet another step in this direction by collaborating with Mumbai University to provide free Wi-Fi to students and staff members. As per the plan, the project will be extended to the 833 colleges that are affiliated with Mumbai University. Each student and staff member is expected to receive 20 MB of free data every day. According to the MoU that was signed between the University and Jio, there will be a positive effect on facilities for online payment of fees, canteen coupons, and stationery. The functionality of smart classrooms will also receive a boost because of the move.

Application process

Vice Chancellor of Mumbai University, Sanjay Deshmukh finalized the contract between Reliance Jio and Mumbai University for free Wi-Fi services. The project is estimated to cost approximately Rs. 175 crore. The distribution of services will happen in two phases. The first phase will involve activating the services in 500 colleges by the 28th of December, 2016. In the second phase, the list of pending colleges will have the Wi-Fi facilities operational by January 2017. Vice Chancellor, Sanjay Deshmukh released a statement regarding the Wi-Fi installation process. He stated that applications for the Wi-Fi facilities need to be sent across to Mumbai University by the interested colleges. This should be done before the 28th of December, 2016. He believes that the tie-up with Reliance Jio will greatly benefit staff and students around colleges in Mumbai.

In addition to Wi-Fi services, Jio also has plans to improve the functionality across educational institutes by introducing JioMoney services. These services will facilitate cash-free transactions and also help in keeping a track of records, besides other things.

JioChat promotional offer

Jio is also conducting a promotional drive for its application JioChat. Notifications are being sent across to Jio customers to invite friends to the JioChat app in exchange for free movie tickets. The top 5 customers who invite the most number of acquaintances can also win JioFi 4G hotspot devices. This offer will be active from the 28th of November to the 4th of December, as per reports. JioChat is one of the trending messaging apps on the Google Play store. Users can engage in messaging, voice or video calls, and even initiate group video calls.

Mukesh Ambani led Reliance Jio is rapidly emerging as an industry leader. The brand successfully garnered more than 50 million subscribers within a few months to rank as the leading carrier network in the country because of its impressive user base. Applications like JioChat as well as the Jio Happy New Year Offer will further expand its reach in the country.

Summary

Reliance Jio will help Mumbai University open free Wi-Fi services across 833 colleges.

LYF Smartphone+ introduces special edition LYF F1 – a device designed to deliver enhanced experience over advanced 4G network

October 24, 2016

Reliance Retail have launched LYF F1, a Special Edition future- ready device from LYF Smartphone+.From introducing VoLTE in smartphones across all price segments to offering advanced features, such as dual camera, smart gestures and voice command controls, LYF continues to spearhead the transition in smartphone technology.

With F1, LYF presents a future ready device designed to deliver an enhanced experience over advanced networks.

Equipped with carrier aggregation (CA) support, LYF F1 is designed to tap the fullest potential of Jio, the world’s largest all-IP network. The CA technology gives users vastly improved data transfer rates and unmatched browsing experience. This feature is known to boost battery life.

Importantly, F1 comes equipped with Rich Communication Services – a set of evolved Messaging services and enriched calling features. The evolved Messaging feature, an enhancement of the existing SMS feature on LTE network, allows group chat, file and location sharing, and much more through the good old SIM-based messaging. Enriched calling lets the user set context to a call by adding location, image, urgency and customised message.

Loaded with a 16 MP rear camera, LYF F1 is designed for low-light photography, powered by advanced software technology. Other camera features include a unique multi-focus mode, and electronic image stabilisation that allows steady video recording while in motion.

LYF F1 is powered by a superior Snapdragon processor with 3GB RAM, and a powerful battery with day-long backup. The phone comes with a 5.5 inch full HD IPS display that will give an immersive viewing experience. A built-in video player helps you view two videos on one screen. Also there is Smart Play – the intelligent display feature that pauses your video the moment you look away from the screen, thereby ensuring that you won’t miss a single moment.

LYF F1 comes with Smart Ring technology – a ringer so smart that it helps you trace your phone even when in silent mode.

Speaking about LYF F1, Mr Sunil Dutt, President – Devices, Reliance Retail, said, “LYF F1 smartphone+ is designed to take full advantage of the future ready Jio network. It is unmatched in speed, quality and product experience. LYF F1 is available in stores across the country now. With LYF F1, we welcome you to get future ready.”

F1 was unveiled by Indian actor and model Genelia D’Souza at the Reliance Digital store in Prabhadevi, Mumbai.

Reliance Digital, India’s largest consumer electronics retailer with over 1900 stores across India, hosted the event. The showcasing of LYF F1 Smartphone+ fits the retail giant’s core value proposition – to bring the latest and leading consumer technology products first to Indian customers.

Loaded with these features, plus many more, LYF F1 comes at an unbelievable Rs 13,399. To believe it, you must experience it.

About Reliance Retail Limited: 

Reliance Retail Limited (RRL), a subsidiary of Reliance Industries Limited (RIL), opened its first retail store in November 2006, and has grown to 3,442 stores across 679 cities with an area of over 13 million sq.ft. as on 30th September, 2016. Reliance Retail is India’s largest retailer in the country and has established leadership position across various focus sectors. Reliance Fresh, Reliance Digital, Reliance Trends and Reliance Footprint are market leaders with the largest number of showrooms in their respective format sectors.

Summary

Reliance Retail have launched a special edition smart phone LYF F1, available now at Rs. 13,339.

Nita Ambani Discusses Sports and its Role in Community Development at the Vatican

October 10, 2016

Nita Ambani, Founder and Chairperson of Reliance Foundation, is a multi-talented individual. An Indian representative at the International Olympic Committee (IOC), she aims to integrate sports into the lives of millions of Indians.

Nita Ambani is also the person behind the popular Indian Super League (ISL). It is a football league that intends to popularize the sport across India and create a unique platform for young talent. Presently in its third edition, the Hero ISL also has a grassroots initiative. Aimed at inculcating the spirit of the sport across rural towns and villages in India, the grassroots program touched the lives of more than half a million children in its first run itself.

Through her work in the foundation, Nita Ambani continues to spearhead projects that emphasize the role played by sports in the growth of the youth, enabling them to develop their leadership skills.

The Vatican Conference

A conference was held in the Vatican by the IOC and the United Nations (UN). It was hosted by Thomas Bach, President of the IOC, Ban Ki-moon, the UN Secretary General, and Pope Francis. Nita Ambani was the Indian representative at this event, which witnessed the participation of more than 150 world leaders.

The main focus of this conference was on the role played by sport and faith, which if combined would have a greater impact on individuals belonging to different countries and walks of life.

Nita Ambani’s speech

Nita Ambani spoke about sports and humanity at this event. She explained how the field of sports is a medium of change which can help society overcome its differences and unite for a shared cause. Citing numerous case studies from Reliance Foundation’s (RF) youth engagement drives, she explained how sports can help transform the lives of people by creating new opportunities which were previously unavailable. She emphasized on sports, stating that they have the potential to help communities, countries, and consequently, the entire world.

The power of sports

Nita Ambani thanked the organizers for allowing her to speak at the ‘Sport at the Service of Humanity’ conference. She reinstated how sport is capable of fostering relations between people belonging to different religions, regions, and backgrounds.

Nita Ambani, explained how witnessing people belonging to varied ages and groups coming together to support individual players or a team is magical. She explained how sport has the unique power of creating avenues, allowing communities to cast aside their differences and come together. She said that the conference opened up her mind to newer ideas that she hopes to implement in the near future.

Summary

The ‘Sport at the Service of Humanity’ Conference held in Vatican City witnessed Nita Ambani speak about the role played by sports in the overall development of individuals belonging to different communities in India and the world.

Reliance Jio Preview Offer to be Available on Samsung Z2 Smart Phones

August 24, 2016

Reliance Jio is the digital arm of parent company Reliance Industries Limited (RIL). It is a comprehensive digital ecosystem offering high-speed data, HD VoLTE calling, affordable 4G smartphones, portable hotspot devices, and premium content platforms.

The Jio preview offer introduced by the company in order to encourage the testing of its network, is now applicable on the purchase of Samsung Z2 smart phones.

Preview offer

The Jio preview offer guarantees Samsung Z2 user’s access to free unlimited Jio services for 90 days. This move ensures that Jio is available for testing on over 45 smart phone models offered by the South Korean manufacturer, Samsung. In addition to unlimited Internet services and calling facilities, users can also enjoy a host of Jio applications like JioOnDemand, JioSecurity, and JioBeats.

The offer is now a part of Jio’s beta testing phase that was initially restricted to Reliance stakeholders, employees, and associates. Later, it was extended to the family and friends of Reliance affiliates as well as major partners, and vendors. Thereafter, the offer was made available to LYF, Samsung, and LG 4G smart phone users. Besides this, the offer is also valid on JioFi, which is Reliance Jio’s portable Wi-Fi hotspot device.

Samsung Z2 users

Samsung and LG smart phone users have to download the MyJio application available on Google Play Store. This would then allow them to generate a code. Samsung Z2 users may then avail of this offer by walking into any Reliance Digital, Digital Express, or Digital Xpress Mini store. Additionally, several smart phone retailers across the country also offer the same scheme.

In addition to carrying proof of identity, and proof of address, users must also carry the code generated with the help of the MyJio app in order to be able to purchase the Jio SIM cards and avail Jio’s 4G services in India.

The process

Interested individuals need to fill and submit a KYC form at any of these outlets while purchasing the device. Users should also carry photographs, address proof documents, and identity proof documents like valid PAN cards.

After purchasing a Jio SIM card, the user has to insert it into the slot and download the MyJio application. The application has an ‘Avail Offer’ button which must be tapped to download the extensive range of Jio applications.

Users have to verify their cards by calling on 1977 after which the provisionary review offer will commence. They can then avail of approximately 2GB data, 100 SMS, and 100 minutes of voice and video calling. The complete offer, however, offers unlimited access for 90 days.

Future plans

The official Twitter account of Reliance Jio, JioCare stated that although the 4G preview offer is currently limited to the aforementioned two smart phone brands, users should stay tuned in for updates.

Analysts also predicted that the extension of an offer to Samsung and LG smart phone models may hint towards the commercial launch of Jio’s telecom services on a fully operational scale across India.

Summary

Reliance Jio preview offer is extended to Samsung Z2 smart phone models.

Everything You Need to Know about Reliance Jio’s LYF

August 12, 2016

Reliance Jio ranks high on the popularity charts, particularly because of its revolutionary 4G services. In order to compliment these superior services, the brand has introduced its own line of advanced smart phones under its LYF banner.

So far, the company has launched various models under its ELEMENTS collection. The devices are not only appealing because of their sleek designs but also due to their compatibility with Jio’s high-speed network. LYF handsets like the FLAME 3, FLAME 4, FLAME 5, and FLAME 6, are being offered at a discounted price of Rs. 2,999 each. All these variants include features like a 1.5 GHz quad-core processor, dual-SIM card option, and multi-language support.

Other LYF devices that have been launched by Jio include LYF FLAME 1, LYF FLAME 2, LYF FLAME 8, LYF WIND 1, LYF WIND 3, LYF WIND 4, LYF WIND 5, LYF WIND 6, LYF WATER 1, LYF WATER 2, LYF WATER 5, LYF WATER 7, LYF Earth 1, and LYF Earth 2.

LYF FLAME smart phones

FLAME 1 flaunts a 4.5-inch display and functions on a Qualcomm 210 processor. The FLAME 2 model offers 8GB ROM and 1GB RAM in terms of storage. FLAME 1 and FLAME 2 cost Rs. 4,999 and Rs. 3,599 respectively.

LYF FLAME 8 is priced at Rs. 4,199. With a 4.5-inch display, this handset’s main USP is its internal storage of 8GB that may be extended up to 128 GB using a microSD card.

LYF WIND series

WIND 1, WIND 4, WIND 5, and WIND 6 have a common design feature, a large 5-inch display. All of them boast of superior features, with the WIND 1 standing out in terms of display, storage of 16GB ROM, and a Qualcomm Snapdragon 410 processor.

The WIND 3 model flaunts a larger screen that is 5.5 inches with Asahi Glass for added protection. It operates on Qualcomm MSM8916 quad-core processor which is clocked at a speed of 1.2GHz.

LYF WATER handsets

LYF WATER models score high, both in terms of design and specifications. The best-selling variant is the WATER 1 that is powered by the superior Qualcomm Snapdragon 615.

LYF EARTH series

The EARTH series includes LYF’s most expensive model, the EARTH 2 that is priced at Rs. 19,999. The handset boasts of a 13MP auto-focus rear camera that captures quality pictures. The EARTH 1 is another handset launched under the EARTH series.

With the extensive range of smart phones launched by Reliance Jio, it comes as no surprise that LYF is now the fifth-largest smart phone brand in India. The brand rose to this position in the first quarter of its launch itself, giving rivals a run for their money. Additionally, an analysis report by Counterpoint Research revealed that the brand also garnered a 7% market share during the same period. LYF smart phone sales are expected to increase further post the commercial launch of Jio’s services.

Summary

Reliance Jio launches a varied range of LYF smart phones at reasonable prices. The sale of LYF devices is expected to soar after the commercial release of Jio 4G services.

Reliance Jio Launches the New LYF WATER 8

July 29, 2016

Mukesh Ambani led Reliance Jio recently added a new model to its range of LYF smart phones. The new handset called the LYF WATER 8 comes equipped with superior features at a reasonable price of Rs. 10,999. Like all the other LYF devices, this handset is also VoLTE-enabled.

LYF WATER 8

The LYF WATER 8 offers value for money with its sleek metal frame design. It flaunts a large high-definition, 5-inch display which has a layer of strong Corning Gorilla Glass 3 over it for optimum protection. The display has a pixel resolution of 720 X 1280. Besides, the phone also has a powerful 13MP rear camera coupled with an LED flash. Selfie lovers will be impressed with the device’s 5MP front camera. The LYF WATER 8 is powered by a durable 2,600 mAh battery. The device also offers users a range of connectivity options like LTE, 3G, Wi-Fi, GPS, Bluetooth and 4G.

Features of WATER 8

The LYF WATER 8 operates on Android 5.1 Lollipop. The efficiency of the device is enhanced by its processing system which is an octa-core Qualcomm Snapdragon processor. Users will have no storage issues as the device comes with an inbuilt 16GB ROM which is expandable up to 128GB with the help of a micro-SD card. The LYF WATER 8 also has 3GB RAM.

LYF EARTH 2

One of the other devices by LYF that recently made its foray into the market is the LYF EARTH 2. The device comprises high-quality specifications and is available at a price of Rs. 21,599. Like the LYF WATER 8, this handset also has a 5-inch display with a pixel resolution of 1920 X 1080. A Corning Gorilla Glass 3 layer protects the display from scratches and other physical aggressors.

Specifications of EARTH 2

The LYF EARTH 2 runs on the operating system Android 5.1.1 Lollipop. Besides, it also possesses a powerful octa-core Qualcomm Snapdragon 615 CPU processor clocked at a speed of 1.5 GHz. The device encompasses 3GB of RAM and runs on a 2,500 mAh battery. Easy storage is facilitated with the device’s 32GB of internal storage that can be extended to a limit of 64GB through a micro-SD card.

Targeting small cities

Mukesh Ambani led Reliance Jio also intends to expand its customer base through superior high-speed 4G services. Jio’s 4G LTE network has managed to reach out to several areas across India including tier II and tier III locations. Furthermore, there has been a substantial increase in the number of start-ups who have decided to invest in these regions. The active involvement of such start-ups from cities like Surat, Jaipur, Chennai, and Ahmedabad will expand India’s reach in the global market.

Reliance Jio is expected to offer packages to such start-up firms if they relocate from tier II regions such as Nagpur, Pune, Thane, and Nashik to cities like Mumbai because of better Internet facilities. This initiative by Reliance Jio will affect the output positively. The company will also dramatically impact the market once it commercially launches its 4G services.

Summary

Jio introduced the new LYF WATER 8 handset to its line-up of smart phones. The company is set to impact smaller regions through its advanced 4G LTE services.

Reliance Jio Plans to Expand its Customer Base through Preview Offers

July 27, 2016

Reliance Industries (RIL) is making its foray into the broadband and telecom sector through its digital arm Reliance Jio. Therefore, in order to expand its user base and encourage individuals to switch to Jio, the world’s largest start-up is partnering with leading smart phone manufacturers.

Subscriber base

Due to the referral invite system and tie-ups with phone manufacturers, Jio has already acquired a consumer base of 1.5 million individuals much before its commercial launch. This comprises LYF buyers, retailers, employees, and business partners.

Predictions are being made by leading industry analysts regarding the launch date and Jio’s expansion. Morgan Stanley reports stated that the company will garner an estimated 30 million subscribers by the end of the current financial year. This will enable Jio to earn over $ 1 billion through revenue.

Jio’s long-term plan

Jio’s strategy is focused on providing non-LYF smart phone users the opportunity to avail of Jio’s services. This would help in attracting consumers to test the network. The tie-ups with several smart phone brands offer the buyers limited access to data services through Jio SIM cards. These allow the individuals to make use of free unlimited data and calling plans for 90 days. Satisfied customers would then be offered the mobile number portability (MNP) option on expiry of the trial period.

The company is also emphasizing on its Jio Join application which would allow non LTE-enabled smart phones to also make VoLTE calls using Jio SIM cards. The app is available on Google Play Store and enables HD voice calling, media-rich messaging, and seamless file sharing.

Smart phone associations

Mukesh Ambani led Reliance Jio recently collaborated with Samsung and many other partnerships are expected in the near future. The upcoming telecom provider intends to associate with all leading manufacturers of smart phone devices in order to thoroughly penetrate the market. A partnership with Apple iPhones is said to be next on the cards.

The company is conducting tests on the smart devices to ensure their compatibility with Jio services. The phones that qualify are expected to help Jio reach out to more demographics, thereby, also increasing the sales of the affiliated devices.

Jio and Samsung

On purchase of select Samsung devices, customers will now be able to avail of Jio SIMs. This would enable them to access unlimited free data and voice calling in addition to using premium Jio applications. The offer also helped Samsung boost its sales by 15-20% according to an industry source.

Fundraising for Jio

The parent company of Jio, Reliance Industries Limited (RIL) released rights issue to its shareholders which helped the company raise Rs. 15,000 crore. The amount will be used to enhance Jio’s network services and will help it cover 90% of the Indian population within two years of its commercial launch.

Additionally, out of the Rs. 1.5 lakh crore investment made by RIL, Rs. 1.34 lakh crore is being used to increase the spectrum coverage and enhance the network.

Summary

Reliance Jio is devising a strategy to expand its current consumer base of 1.5 million users through tie-ups with phone manufacturers.

India’s Contingent at the Rio Olympics Backed by Reliance Jio

July 18, 2016

The Rio Olympics to be held in August 2016 will witness the largest Indian contingent till date. Reliance Industries Limited’s digital arm, Reliance Jio will be its ‘Principal Partner’ at the event.

Partnership with the Indian Olympic Association

Reliance Industries Limited (RIL) has been consistently working to improve the state of sports in the country, and this move is yet another step ahead towards its goal. Regarding the partnership of Reliance Jio with the Indian Olympic Association (IOA), a company spokesperson said that the Jio team feels privileged to be associated with the largest Indian contingent. One of the biggest private conglomerates in India, Reliance Industries believes in empowering the youth through the medium of sports.

The Reliance Jio spokesperson explained how the company, along with the country’s 1.3 billion citizens consider all the Indian athletes heroes.

Reliance Industries’ involvement in sports

Reliance Industries, along with IMG Worldwide, through their joint venture, have worked together in association with several basketball federations in the country to boost the popularity of football in India.

Over half a million young individuals have already been introduced to sports training owing to Reliance’s efforts. Reliance Foundation, the CSR arm of RIL, is training and scouting football talent in India through its grassroots football programs. Teaming up with basketball organizations through the country, Reliance’s Junior NBA initiatives also help to encourage basketball talent.

Reliance Jio services

Jio has acquired more than 1.5 million users in their beta phase of services. The company stated that their pilot run saw users consume more than 26GB and 355 minutes each on a monthly basis.

As part of a limited preview offer, LYF smart phone users were granted free Jio services for three months. Launched in December 2015 for Reliance stakeholders and employees, it was later selectively opened to the public through invites, LYF smart phones, and other offers. The Jio applications like JioOnDemand, JioChat, MyJio and Jio Play have been tested, along with the data and call services.

Commercial launch

A company spokesperson stated that the network, applications, and all Jio facilities are being thoroughly checked before the commercial roll out of Jio’s services. Reliance’s retail units have recorded a sale of over 20 million LYF smart phones,  which will in turn help the company attract  potential Jio 4G subscribers.

The company recently offered heavy discounts on its FLAME series, this move of announcing a dip in LYF smartphone price has ensured that users can purchase LTE-enabled FLAME handsets at an affordable price.

Bandwidth purchase

Reliance Jio has invested in Wi-Fi, FTTH, and LTE technology which will help Jio offer customers across India with high broadband speeds. Not only would Jio be able to host a high number of users, but also price the services with affordability in mind. Along with voice and data services, Jio is also set to offer various content applications.

Reliance Jio also holds the most extensive pan-India spectrum, thereby enhancing its services. It also makes the world’s largest start-up the only company to utilize sub-GHz spectrum band for seamless operation of LTE services.

Summary

Reliance Jio is the Principal Partner of the Indian contingent at the Rio Olympics 2016.