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Top 8 takeaways from Jio’s launch in Mumbai — Reliance AGM highlights
His aim is to wean away customers from rivals in the fiercely competitive market. It will have nation-wide LTE network coverage, free voice plans, and the best data tariff ever in India.
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The entry of Reliance Jio will surely accelerate data adoption in India with tantalizingly affordable data tariffs paired with cheap 4G handsets.
Last year, Ambani had said that the services would be priced between Rs 300 and Rs 500.
Mukesh Ambani the chairman of Reliance Industry Limited (RIL) revealed the details about revolutionary product Reliance Jio.
Charges will range from Rs 19 for the occasional data user to Rs 4,999 for heavy users. Company’s also announced the lowest data plan in the world which is Rs. 50 per GB. “If you use more data, it will go down to Rs 25 per GB”, said Ambani.
As a launch offer, all Jio services will be available across India free until 31 December 2016.
The new offer seems to be injustice compared to Preview Offer, but seeing from the company’s perspective, it was bound to happen as offering truly unlimited data for potential 100 million users would take quite a toll on system servers. “I believe that these are the absolute lowest data rates anywhere in the world”, he said. By September 5, all will be able to access the services of Jio which will be free till the end of the year.
It launched 4G enabled smartphones under its own brand LYF for Rs 2,999.
Reliance Jio will move India from data shortage to data abundance: Mukesh Ambani on his telecom venture.
The news of Reliance Jio’s new network and plans is supposedly shaking up the other three main wireless carriers in India, including Airtel, Vodafone, and Idea to adjust their own plan pricing, according to Mashable.
“The onus is rightly on the incumbent operators not to misuse their market power by creating unfair hurdles, when it comes to providing points of interconnect between their networks and Jio’s network”.
Consumers will not pay low prices for low quality, he added. Here we are providing the simple and easy ways to switch to the Reliance Network.
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Jio will not follow the industry practice of blackout days.