Reliance Jio continues pathbreaking business entry says Expers

Reliance conducted the 42nd Annual General Meeting yesterday where it announced tons of offers for users. These announcements can start a data tariff war between Reliance Jio and other telecom operators. However, according to experts, the offers presented by Reliance Jio are distinctly disruptive and a "bold move" towards digitizing millions in the rural parts of the country, setting a tough benchmark for its competitors as data becomes the new thing. Reacting to an array of announcements made by Reliance Industries Chairman Mukesh Ambani at the company's 42nd Annual General Meeting post its listing in Mumbai, they said data mining is the future and Jio is a "perfectly-planned" move towards that.


Reliance Jio hogged the limelight post Mukesh Ambani's announcements at the 42nd annual general meeting (AGM) of Reliance Industries (RIL). While there is a lot of excitement about the arrival of Reliance Jio, there is also some good news for entrepreneurs in the country. Ambani yesterday announced that Reliance Jio will be setting aside Rs 5,000 to fund budding startups in the country. Jio's aim, he said, was to build a platform for young Indians who want to create 'businesses of the future'.

A fresh wave of mobile data revolution in the country is in the offing. With Reliance Jio officially announcing commercial roll out of its services in India, incumbent players are under immense pressure to match Jio’s disruptive data plans and offers. Though Airtel and Vodafone have significantly dropped their data prices, but Jio has edged them out with much more lucrative offers. One of the most lucrative offers that Reliance Jio is giving is free voice calling. At the company’s Annual General Meeting (AGM), Chairman and Managing Director Mukesh Ambani announced that Jio subscribers will have to pay only one price for all of Jio’s suite of services including data and applications. It also announced making voice calls free from its network to other networks, first of its kind in the industry.


Reliance Industries' Chairman and Managing Director Mukesh Ambani at the company's Annual General Meeting (AGM) made some pretty big announcements about its Reliance Jio 4G launch in India. Even before its commercial launch, Reliance Jio had become insanely popular with its tempting Jio Preview Offer under which it offered free data, voice and apps for 90 days of period. In a host of announcements made today, Mukesh Ambani also announced that it will be implementing Aadhaar’s e-KYC process for getting a new Jio connection. Expressing disappointment over customers waiting “for hours and even overnight to get their services activated”, Ambani said he wanted to transform the entire experience for its customers. He further announced implementation of e-KYC system that will allow subscribers to get their connection activated in 15 minutes.