Posts Tagged ‘Reliance’

Reliance Jio Signed an All-IP Converged Network Deal with Cisco

March 3, 2017

The telecom arm of Reliance Industries Limited (RIL), Reliance Jio collaborated with IT major Cisco for an all-Internet Protocol (IP) converged network deal. With this deal, Reliance Jio aims to extend its existing capacity.

Earlier, Reliance Jio said that it is the only company across the globe to offer digital services on an end-to-end all-IP network at such a large scale. The telecom operator already has a multi-terabit capacity.

Reliance Jio’s partnership with Cisco

Currently, Cisco provides IP equipment like packet network, data centers, and security solutions to Reliance Jio. The new deal will enable Jio to revolutionize citizen services delivery in India from utilities, transportation, and financial inclusion to healthcare, entertainment, education, and agriculture.

Cisco’s Cloud Scale Networking technologies and Open Network Architecture formed the base of Jio’s all-IP digital platform. The technologies have IP/Multiprotocol Label Switching (MPLS) feature, including areas of Security, Data Center, Wi-Fi, and Contact Center solutions.

Reliance Jio President, Mathew Oommen said that Jio, with its inclusive and affordable broadband services, has fundamentally impacted the way people in India utilize technology in their daily lives.

He expressed that the partnership with Cisco has played a great role in the technological development. The high scale All-IP Digital Services Network Platform built by Cisco has helped Jio in moving towards fulfilling India’s dream to be a prime transformational agent in Leadership and Digital Adoption.

Jio’s Network Platform has a capacity to meet immeasurable data growth. The all-IP network supports the constantly increasing data volumes. This assists Jio to achieve its aim of molding the future of India by offering end-to-end digital solutions and broadband for all.

Senior Vice President at Cisco, Yvette Kanouff said that Reliance Jio and Cisco have the same vision, which is enhancing key network functions and fastening digitization by establishing an open and programmable infrastructure.

Reliance Jio’s development

Mukesh Ambani led Reliance Jio has an established fiber network of over 1.85 lakh miles. It has also built the biggest cloud data center in India. After the roll out of Jio’s services in September 2016, India’s monthly data consumption increased up to 40 times, making it the highest in the world. Jio’s infrastructure and Content Delivery Network (CDN) is present not only in India but also in Frankfurt, Singapore, France, Amsterdam, London, Los Angeles, and New York. Jio thus shares a connection with global operators that enables it to offer a low-latency and high-quality experience to Indian customers.

The company provides services like high-speed data, Voice over Long-Term Evolution (VoLTE), mobile video, cloud, digital commerce, e-payment, and media.

Earlier, Cisco predicted the mobile data traffic to grow seven times from 2016 to 2021. It said that technology is the prime factor to accelerate India’s economic growth. Currently, Reliance Jio alone has a monthly data consumption of 1 exabyte, making it the most dominant network in the industry. Besides, Jio also achieved the milestone of being the first company in the world to receive 100 million customers in just 170 days of its launch.

Summary

Reliance Jio, the telecom arm of Reliance Industries Limited, awarded Cisco an all-IP converged network deal in order to further expand its existing capacity.

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.

Everything that Customers Need to Know about the Jio Happy New Year Offer

January 2, 2017

The telecom arm of Mukesh Ambani led Reliance Industries Limited (RIL), Reliance Jio, is one of the leading operators in India. Only a short while after the launch of its high-speed 4G services in September 2016, the brand achieved widespread success by garnering a large user base. The welcome offer introduced by Jio managed to give users across the country an opportunity to experience high-speed 4G services for free. This offer spanned across a period of three months, with 31st December 2016 being the last day of its validity.

Services available under the new offer

However, Jio intends to give customers access to free data and a range of applications for a longer period of time, which is why it launched the Jio Happy New Year Offer. Chairman and Managing Director of Reliance Industries Limited (RIL), Mukesh Ambani, announced that this offer will be valid until March 31st, 2017. As per the offer, users will be able to enjoy services like messaging, video calling, voice calling, apps, and other data facilities for free. There is only one significant change in this offer. While the earlier welcome offer had a Fair Use Policy (FUP) limit of 4 GB, the new offer has the limit of 1 GB. This move was taken to reduce network congestion and improve the digital experience for all Jio users. So now, after users reach the limit of 1 GB, their speeds will reduce to 128 Kbps. However, if individuals wish to use more data than the set limit, they can avail of 1 GB data per day with a data recharge of Rs. 51. Additionally, users can opt for the 6 GB plan that costs Rs. 301, with a validity of 28 days.

Benefits to customers

Mukesh Ambani announced that all existing Jio customers, as well as those who apply for new Jio SIM cards, will be able to enjoy the benefits of the Jio Happy New Year Offer.

Mukesh Ambani also spoke about his dreams for a digitally-enabled India at an event. He spoke about the brand’s success in terms of garnering users. Mukesh Ambani also made references to incumbent operators’ uncooperative behavior. According to him, Jio’s new offer also adheres to all the rules set by the Telecom Regulatory Authority of India (TRAI).

Besides the Jio Happy New Year Offer, customers will also be able to derive long-term benefits since Jio has made voice calling and messaging services free for a lifetime. Apart from efficient data services, Reliance Jio also offers portable Wi-Fi devices and LYF smart phones. The company is also gearing up to launch its own range of feature phones. These devices will be 4G-LTE compatible and affordable, which will help Jio reach out to customers in the rural market.

Summary

Jio Happy New Year Offer will allow individuals to avail of free data and app services even after expiration of the older welcome offer.

Jio’s Subscriber Base to Surpass 100 Million by March 2017 as per Fitch Ratings

December 26, 2016

The wave of technology has impacted India like never before, mainly because of 4G. Although 4G services were available, they were mainly accessible to only a few because of the high cost. However, Mukesh Ambani led Reliance Jio set an example by becoming one of the first network carriers to offer the high-speed 4G services to millions across the country at affordable rates.

Jio’s expanding user base

The telecom operator received a major boost to its subscriber base when it launched the welcome offer that allowed customers to access free data and app services for three months. Although this initial offer will now come to an end, the free data and app services will be continued in the recently devised Jio Happy New Year Offer. As per this offer, customers can enjoy free data and app benefits till the end of March 2017.

Nitin Soni’s views on Jio’s performance

With respect to Jio’s growing customer base, The Director of Fitch Ratings, Nitin Soni stated that the telecom operator’s marketing strategy has been effective in helping it garner a subscriber base crossing 52 million. In the interview given to BTVi, Soni explained that through the Jio happy New Year Offer, Jio may even manage to secure 100 million subscribers towards the end of March. Ever since Jio’s launch, it has been rapidly drawing customers through its smart promotional offers. Nitin Soni also added that post the free offers, customers may most likely opt for Jio because of its affordable tariff rates. He said that since Jio is expected to have data plans, which are more attractive than those offered by incumbent operators, there is a high chance that customers will choose it over other carrier networks. He further stated that if Jio goes on to launch other offers in the future, incumbent operators may have to revise their tariff rates so that they do not lose out on their existing customers.

Competition most likely to result in consolidation

Nitin Soni also revealed his opinions on consolidation of telecom companies. According to him, Jio’s foray has created a lot of competition because of which there could be consolidation between telecom companies in the future. This could most likely happen if weaker operators are looking to strengthen their position in the industry. He believes that weaker companies could resort to merger and acquisition (M&A) activities to avert the negative impact that the entry of new telecom operators could have on them. He made a reference to one of the telecom operators in India stating that since it did not have pan-India spectrum coverage, it would benefit by implementing M&A activities.

He concluded by stating that data tariff rates are most likely to drop by 15 to 20 percent because of Jio’s entry into the market. According to him, the affordable services of Jio have created intense competition in the industry.

The telecom operator’s future plans include launching a range of 4G-compatible feature phones to target a wider range of audience. This move is expected to help it increase its customer base further.

Summary

Reliance Jio is expected to garner around 100 million customers by the end of March 2017, according to the Director of Fitch Ratings, Nitin Soni.

Reliance Jio’s Affordable Range of LYF Smart Phones

December 20, 2016

Affordable data services, free voice calls, and Wi-Fi devices; these are some of the varied offerings by Reliance Jio. The company also launched its range of 4G-enabled smart phones. These smart phones are offered to customers with a complimentary Jio SIM card. Individuals using the Jio SIM cards can enjoy free unlimited data, voice, and app services, which are part of Jio’s Welcome Offer.

Affordable smart phones

Mukesh Ambani led Reliance Jio has broken the price barrier by introducing superior 4G-LTE devices under the brand LYF at affordable prices. Some of the most economical devices are available at only Rs. 2,999. Moreover, the Jio network has also received a positive response in speed tests, with consistent results. One such test recorded speeds of up to 22 Mbps. These results are proven to be better than the speeds offered by other telecom operators.

Specifications of LYF handsets

Some of the most affordable devices offered by Jio include the LYF FLAME 6, FLAME 8, and WIND 3. The LYF FLAME 6 is available at a price of Rs. 3,999. It has a 4-inch display that is protected by Asahi Dragontrail Glass. The device has an internal storage capacity of 4 GB. Additionally, it has 2-megapixel front and rear cameras. Connectivity options offered by the device include Bluetooth 4.0, 4G, CPS, LTE, and Wi-Fi.

The LYF FLAME 8 is priced at Rs. 4,199. Those buying the device can look forward to features like an 8 GB internal storage, 1 GB RAM, a 5-megapixel front camera, and an 8-megapixel rear camera. The device functions on Android version Lollipop.

The LYF WIND 3 costs Rs. 6,999. It comes with a large 5.5-inch display, which is resistant to scratches or dust because of the Asahi Glass protection. It has 16 GB internal storage capacity and 2 GB RAM. The device has an excellent 8-megapixel rear and 2-megapixel front camera. The operating system of the device is Android 5.1.1 Lollipop.

4G-enabled feature phones

Reliance Jio also aims to reach out to customers across Tier-III cities and rural areas by introducing a range of feature phones. These devices will be compatible with 4G-VoLTE and are expected to be priced between Rs. 1,000 and Rs. 1,500. Jio plans to launch the devices around the first quarter of 2017. The handsets will not have a touchscreen, but users will be able to access the Internet through the 4G network.

Reports by International Data Corporation (IDC) revealed that the launch of Jio’s 4G services has led to an increase in the shipments of 4G-compatible smart phones. Jio has managed to garner a subscriber base of more than 50 million. By introducing its range of feature phones, it will be able to cater to a wider audience and increase its customer base. Jio SIM card users will also be able to avail of free services till 31st March 2017 under the recent Jio Happy New Year Offer.

Summary

Reliance Jio’s reasonably priced LYF smart phones offered with free Jio SIM cards.

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 Garners 16 Million Users within a Month and Sets a World Record

October 10, 2016

Reliance Jio, the newest entrant to the rapidly growing telecom industry in India has made a tremendous impact with its superior 4G offerings. The recent update on its growing popularity indicates that the telecom company has managed to garner a whopping 16 million users within 26 days of being launched.

Reliance Jio’s rapid growth

Reliance Jio  made a successful foray during its welcome offer launch, building a user base of approximately three million users. Post the commercial launch of its services, Jio managed to add 13 million more users to its existing customer base. This achievement made Jio one of the only operators to have managed a subscription rate of this scale. The company released a statement that declared Jio to be one of the fastest start-ups to record such a high growth rate, even surpassing counterparts like WhatsApp, Facebook, and Skype.

Reliance Jio’s marketing strategy is one of the integral factors that have resulted in the company’s rapid growth. This involves offering unlimited data services and premium applications for free till the end of 2016.

Jio on its way to reaching 100 million users

Mukesh Ambani had stated during Reliance Industries Limited’s (RIL) 42ND annual general meeting that Jio aims to target 100 million users in the shortest time span. He added that the same would lead to a 250 crore GB (gigabyte) of data usage every month.

Today, not only is Jio on its way to achieving the set target, but also giving rivals a run for their money by offering affordable tariff plans to users. Incumbent operators have been affected by Jio’s marketing strategy, which aims to offer free data services to users till December 31st 2016. Thereafter, Jio will continue to offer high-speed 4G services to customers at minimum rates with 10 tariff plans. According to these plans, occasional data consumers can subscribe for the Rs. 19 per day plan while low data consumers can opt for the Rs. 149 per month scheme. Additionally, those who require high amounts of data can choose the Rs. 4,999 per month plan.

Mukesh Ambani’s reaction to Jio’s success

Mukesh Ambani expressed his views on Jio’s success by stating that he was not only delighted but also humbled by the response. He particularly emphasized on Jio’s aim to empower Indians by providing them with affordable data services. Mukesh Ambani added that he was happy because customers have recognized the opportunity and have embraced the same wholeheartedly. He concluded by stating that Jio would constantly aim to improve its services and surpass the expectations of users.

To further extend its reach, Reliance Jio implemented an electronic Know Your Customer (KYC) method that only requires the Aadhaar card of a customer for verification. This has been introduced across 3100 cities in India. The procedure is hassle-free as it only takes a few minutes for SIM card activation, which makes it a smooth experience for customers. Reliance Jio stated that it intends to introduce the same process across every region in India, with regular improvisation to stabilize the system.

Summary

Reliance Jio acquires 16 million subscribers within the first month of its launch, thereby creating a world record.