We also welcome Jio’s call to leading operators to work together.
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He also announced a 25 per cent more data package for students, 1 million Wi-Fi hot-spots across the country, best-ever global calling rates, unlimited subscription to Jio app and special solutions for enterprises.
The advertisement comes a day after Reliance held an AGM on Thursday to announce the key features and packs of 4G network Jio. By March 2017, they are targeting to cover 90 per cent of India’s population.
The investment to be channelled through Jio Digital India Startup fund will be mostly directed at digital and internet startups to create unique solutions for India as part of the country’s largest business conglomerate’s move to become a communication behemoth.
“We can transform India from a high price data market to one with the lowest data rates anywhere in the world”, said Ambani, promising cheaper tariffs and free calls within India and no roaming charges. Its plethora of schemes aimed at luring new customers and retaining existing ones will definitely put pressure on multiple fronts on the current telecom operators such as Idea, Bharti Airtel, and Vodafone.
Under the offer, customers will get access to unlimited data and voice along with HD Voice, Video calling, unlimited SMS, and access to Jio Apps.
Differentiating Jio’s 4G services from others in the market, he said that pricing strategy should be “simple” for every India.
Tirumalai said he believed Jio’s tariff structure, if it resonates with customers, could usher in the entry of bundled voice and data plans in the country. “As a responsible operator we will fulfill all our regulatory obligations as we have always done”. He also said that the Data Plans should be affordable to public.
Similarly, a JioFi router costs just Rs. 1,999. Airtel, which is guarding its turf, also plans to invest 600 billion rupees over a three-year period to expand its 4G network in Project Leap, and had 358 million users as of June.
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Mukesh Ambani the chairman of Reliance Industry Limited (RIL) revealed the details about revolutionary product Reliance Jio.
