25 key announcements by Mukesh Ambani at Jio launch
On Wednesday, Reliance Industries Limited (RIL) chairman Mukesh Ambani announced the launch of Reliance Jio service during the company’s 42nd Annual General Meeting in Mumbai.
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. The long queues for availing the Jio SIM cards are a testament to the hype created around the launch of the country’s largest 4G network.
Ambani launched the highly anticipated Reliance Jio 4G service to the nation today, calling it an effort to fulfil the Digital India dream of Prime Minister Narendra Modi.
Here are the 25 key announcements made by the RIL chairman during the launch of the 4G VoLTE service:
# World is on the verge of data revolution and without digital we will become irrelevant.
# Jio is the biggest investment in the history of RIL.
# Jio will move India from ‘data shortage’ to ‘data abundance’.
# Jio is more than a service, it’s an ‘entire ecosystem’.
# Data is the oxygen of digital life and should never be unaffordable for anyone.
# Network is the first pillar of Jio.
# Jio will cover 90% of India’s population by March 2017, covering 18,000 cities & 2 lakh villages.
# Jio has created an all-IP network whereas most old telecom providers have built network for voice.
# Jio has the capacity to acquire 1 million users a day and supports virtual, augmented reality.
# Jio phones ranging from Rs 2,999 – Rs 5,999 to be launched today.
# Jio is the largest only 4G LTE network in the world and will offer data at the lowest price globally.
# Jio services, like Jio cinema, will be offered free till December 2017.
# Customers should pay for either data or voice, not both.
# All voice calls for Reliance Jio absolutely free and roaming charges will be zero within India.
# At Rs 50/GB, Jio’s base rate for data will be one-tenth of current market price.
# All the plans will have free voice calls and unlimited messages.
# Students to benefit from 25 percent more data.
# No more blackout days and no surge pricing on busy days.
# Rs 4,999 monthly plan will provide 75 GB free 4G data while Rs 149 monthly plan will offer 0.3 GB 4G data free.
# Jio will launch apps around education, rural, health & agriculture.
# Reliance Jio to be launched on September 5, commercial launch on December 31.
# Jio is targeting 250 crore GB data per month, 100 mn users in shortest possible time.
# Reliance Jio fibre-to-home to offer data at 1 GBps.
# 24-year-old Akash and Isha, directors at Jio, have been hands on leaders. They represent large contingent of less than 30-year-olds at Jio, which has 60,000 employees across India.
# 50 million call failures last week alone due to interconnection issues. Appeal to telcos to provide interconnection to Jio network.