We take a quick look.
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The intensifying secrecy about the tariff of JIO service has truly created a huge pulsate among other telecom operators and consumers which are finally get broken by Mr. Mukesh Ambani, the MD of Reliance Industries Limited.
The company will provide all users free access to voice and data as a welcome offer for three months. Reliance is offering the lowest data price in the world Rs 50 per GB. Also, there will be 70 GB of data offered via Jio operated Wi-Fi hotspots and unlimited night usage.
India’s richest man Mukesh Ambani just launched the world’s largest 4G LTE network through his telecom company, Reliance Jio.
“(Jio) is future-ready, and can easily be upgraded to support even more data as technologies advance”, said Ambani. Other plans would be available for Rs 499, Rs 999, Rs 1,499, Rs 2,499, and Rs 3,999.
Stating that Jio’s principle is that data should be affordable, Jio will have a base rate, which is a 90 per cent discount to the prevailinbg industry rates. Users will be charged as per data packs after December 31.
First: Reliance holds the 2300 Mhz spectrum across the country, 800 Mhz spectrum in 10 circles and 1,800 MHz spectrum in 6 circles.
As for the stock markets, the shares of Reliance Industries fluctuated in a wide range during the course of the speech – from a high of Rs 1,072.55 to a low of Rs 1,045.60. The company made Jio a significant push in the 4G telecom sector in the country.
Second: No 2G, no 3G, this one is all about 4G. The much talked about 4G service will be offering tariffs, which will be give tough competition to other service providers such as Airtel and Vodafone. Reliance services will be using the all-LTE (Long Term Evolution) network. That’s because you are being migrated to the Welcome Offer from September 5th and everyone is going to be under the same roof. This includes movies, television shows, magazines, video-calling, voice-calling, file-sharing. The tariff plans of the service are too cheap, but still there a way you can get 25 percent additional data.
Jio is rolling out a fibre for home wireline network starting in select cities.
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The promise of a never before pricing for data and free voice calls, something the Indian market hasn’t witnessed before, had already piqued user’s interest.
