Mukesh Ambani, chairman of Reliance Jio Infocomm, will be making announcements at the annual general meeting of Reliance Industries (RIL) at 11 am today.
Our readers can access the live video from 11 am. We will also be giving highlights of news related to Jio, the number one 4G operator in India in terms of mobile Internet subscribers.
Mukesh Ambani is expected to reveal the company’s budget VoLTE phone for India’s one billion plus mobile users across the country. The strategy is to expand its 4G presence to masses. At present, Jio does not have a strong presence in India’s rural markets.
Recently, Airtel India CEO Gopal Vittal confirmed that the country’s largest telecom operator has already started trials of VoLTE.
The other main announcement from Mukesh Ambani will be about the cost effective broadband for Indian homes. Both BSNL and Airtel are active in the fixed broadband space and competition from Reliance Jio will be forcing them to cut prices and improve quality of services for broadband users.
Jio updates from Mukesh Ambani
We will be updating the article from 11 am onwards…
Team Jio over-delivered by achieving 100 million users I set for them. In less than 170 days
Jio added 7 customers every day. This was the fastest user adoption in any technology service in the world – beating Facebook, Skype and WhatsApp.
Jio has over 125 million customers at present.
We started offering unlimited free voice calls. Jio users make 250 crore minutes of calls every day.
In six months of Jio launch, India’s data consumption shot up from 20 GBs to 120 GBs per month. Jio users consume 125 GBs of data per month including 165 crore hours of high-speed video per month. Jio is the largest mobile video network.
India overtook both US and China in terms of mobile data.
India is the number one in mobile data consumption in the world.
India will become the #1 in fixed broadband penetration in the world.
“We have converted majority of our customers to paid services. They shifted to Rs 309 plans or higher plans in recent months,” Mukesh Ambani said.
Jio has more than 100 million paid 4G subscribers.
India has 78 crore mobile phone users including 50 crore feature phone users. India cannot afford to miss feature phone users.
Mukesh Ambani talks about VoLTE feature phone.
TRAI’s speed test portal confirms Jio’s speed as the #1 for coverage and speed. Jio will cover 99 percent of India’s population in the next 12 months.
Jio’s 4G coverage will be more than India’s 2G coverage. It took 22 years to build 2G coverage. Jio took just 3 years to build 4G coverage.
Jio is expanding physical distributions in the country. Jio will have 10,000 offices across India to serve channel partners and retail shops which sell Jio 4G SIMS.
Jio VoLTE phone
Reliance Jio will bring out a VoLTE feature phone made in India.
Isha Ambani and Akash Ambani introduced Jio VoLTE phone to the world. It is cost effective and has the capabilities of a smartphone.
The Jio phone has alpha-numeric keypad, 4-way navigation, compact design, 2.4″ QVGA display, battery and charger, SD card slot, camera, microphone and speaker, headphone jack, call history, phone contact, ringtones, torchlight, FM radio, etc.
Mukesh Ambani said Jio will offer free voice and data for Rs 153 per month. This will be at 1/33th price for current prices.
Mukesh Ambani is offering free VoLTE phones to customers. The company will be collecting Rs 1,500 towards refund deposit. Customers can collect back Rs 1,500 if they return the phone.
