For the first time, Reliance Jio and Samsung will hold a joint press conference at a global stage like MWC in Barcelona. The press conference aims to "foster engagement and participation among industry leaders, governments, and communities, by discussing Jio's successful 4G LTE business and how it has transformed the everyday lives of 1.3 billion Indians."
Shares in Reliance Industries Ltd (RIL) have raced to a seven-year high, boosted by its recent announcement to soon start charging for data services offered by its Jio 4G mobile services that have notched up 100 million customers in just 170 days since launch.
RIL Chairman Mukesh Ambani on Tuesday announced that Jio Infocomm Ltd, a wholly owned subsidiary of RIL and one of its biggest bets entailing an investment of around Rs 200,000 lakh crore, will start charging customers for its 4G data services starting April 1. He also said that Jio will offer 20% more data than its competitors on their best-selling plans.
Here are live updates from the joint press conference of Samsung and Reliance Jio from MWC 2017, Barcelona.
Watch Live: Srinivasan from Samsung Electronics on 5G post Jio and Samsung Joint announcement
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As Jio’s end-to-end LTE solutions partner, it is a great pleasure for Samsung to contribute to Jio’s tremendous success. The massive deployment of over a million cells across India is especially remarkable. We will strive to create new paradigms for LTE-Advanced Pro and 5G by closely cooperating with Jio as a unified workforce," said Youngky Kim, President and Head of Networks Business at Samsung Electronics.
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