Mukesh Ambani Announces Jio Commercial Launch; Starts Tariff War Between Indian Telcos

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In a revolutionary announcement for Indian mobile users, Reliance Industries Chairman Mukesh Ambani unveiled the details about Jio commercial launch at the company’s 42nd annual general meeting (AGM) in Mumbai.

Mukesh Ambani said Reliance Jio will start offering service from September 5 and will be launched commercially on December 31.

Jio will be offering 4G data service at only Rs 50 per GB, which is lowest in the world.

Reliance Jio Tariff

Reliance Jio Tariff

With the launch, Ambani has started a tariff war between Indian telcos. With the launch of Reliance Jio, India will transform from a high price data market to the lowest priced data market, he said.

On top of the data service, Jio will also put an end to voice call charges. All voice calls will be free for Jio customers for ifetime.

Here are some other takeaways from Mukesh Ambani’s announcement.

Jio apps subscription worth Rs 15,000 will be offered to customers as complimentary until December 31, 2017.

Ambani unveiled a special students discount offer, under which any student will be able to get 25 per cent more data on Jio’s main tariffs.

Customers can get a Jio connection within 15 minutes with e-KYC. Instant eKYC digital activation can be done in the store or at home.

The company has also created a Jio Digital India Startup Fund and is also working to create Digital Entrepreneurship Hubs in key cities.

Engineering student by education and Entrepreneur by choice. Asish is a TCS Best Student Awardee, NDTV featured student entrepreneur and International School of Entrepreneurship Education awardee. He also worked with many startups and big companies for their business development and strategical growth. Asish has been heading The Startup Journal since its inception in 2014.