Reliance Jio: Mukesh Ambani Has Something Major to Announce Today
Reliance Industry Limited’s Chairman and Managing Director Mukesh Ambani will address employees and stakeholders today at 1.30 PM.
RIL has invested more than $31 billion in telecom business, considered to be passion of Mukesh Ambani. (Image: Reuters)
Reliance Industry Limited’s Chairman and Managing Director Mukesh Ambani will address employees and stakeholders on Thursday, 1.30 PM. It is expected that there will be a major announcement for telecom venture Reliance Jio. The company will stream the event live on its social media channels.
Mukesh Ambani-promoted Reliance Jio has crossed the 50 million subscriber mark in less than three months after its full-fledged 4G services launch to emerge as the largest broadband operator in the country.
“Jio — setting a new record — has acquired 1,000 customers per minute (since September 05) and 6 lakh per day. Airtel reached the same milestone of notching 50 million subscribers in 12 years, Vodafone and Idea took 13 years each,” said a PTI report.
The company commercially launched its services on September 5. Jio has introduced Aadhaar-based paper-less Jio SIM activation across 3,100 cities and towns.
Jio connection offers users unlimited access to HD voice calls (on Jio eligible VoLTE phones), messaging, video calls, high-speed data as well as access to Jio's suite of apps till December 31.
With the Reliance Jio Infocomm (Jio) giving free 4G SIM cards and launching affordable 4G-enabled smartphones to connect the next billion, India is set to lead the 4G revolution, the International Data Corporation (IDC) said.
You can watch Mukesh Ambani's statement here:
(Disclosure: News18.com is part of Network18 Media & Investment Limited which is owned by Reliance Industries Limited that also owns Reliance Jio.)
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