The speculations on the launch of Reliance Jio come to an end! At the 41st Annual General meeting of Reliance shareholders, its Chairman Mukesh Ambani announced the launch of the commercial services of Reliance Jio by December 2015. Trial runs for the service will be available to a few selected consumers of Reliance in next few months.
The expected price range for the package is said to be between Rs. 300 – 500, whereas the 4G LTE smartphones will cost the consumers below Rs. 4000.
“The target of Reliance is to cover 80 percent of India’s population by year-end,” said Ambani. Reliance will focus on the operations of Reliance Jio this year. Around Rs. 60,000 crore was already invested for Jio and the company expects it to be a top line contribution to Reliance’s revenue.
“Reliance Jio is currently in pre-launch testing and stabilising phase. The key components of broadband network are now operational and we will play an important role in the digital revolution planned by the Indian government,” Ambani said.
“At present 100,000 people are working at Jam Nagar for petrochem and refineries expansion and another 150,000 working across India in building network of Jio. The full benefits of these investments will be realized 2016-17 onwards,” said Ambani.
“The 4G smartphones, which are expected to be priced below Rs. 4000 will beam HD television, video-on-demand, music, news and magazines,” he added.
There is also a move for Reliance Jio to enter into broadcast television distribution and thus, has applied for pan-India cable television MSO license. There is also a partnership with State Bank of India to apply for a payments bank license.
The expected price range for the package is said to be between Rs. 300 – 500, whereas the 4G LTE smartphones will cost the consumers below Rs. 4000.
“The target of Reliance is to cover 80 percent of India’s population by year-end,” said Ambani. Reliance will focus on the operations of Reliance Jio this year. Around Rs. 60,000 crore was already invested for Jio and the company expects it to be a top line contribution to Reliance’s revenue.
“Reliance Jio is currently in pre-launch testing and stabilising phase. The key components of broadband network are now operational and we will play an important role in the digital revolution planned by the Indian government,” Ambani said.
“At present 100,000 people are working at Jam Nagar for petrochem and refineries expansion and another 150,000 working across India in building network of Jio. The full benefits of these investments will be realized 2016-17 onwards,” said Ambani.
“The 4G smartphones, which are expected to be priced below Rs. 4000 will beam HD television, video-on-demand, music, news and magazines,” he added.
There is also a move for Reliance Jio to enter into broadcast television distribution and thus, has applied for pan-India cable television MSO license. There is also a partnership with State Bank of India to apply for a payments bank license.
It features a 5.5-inch Full HD 1080p display with a resolution of 1920 x 1080 pixels and is powered by a 1.7 GHz Octa-Core MediaTek processor coupled with a 2GB of RAM. It runs Android 5.0 Lollipop and a has 16GB of internal storage, which can be further expanded up to 128GB via microSD card. In terms of connectivity, it supports 4G LTE, 3G, Wi-Fi, Bluetooth 4.1, NFC, Micro-USB, DLNA,and GPS. It is backed by a 2600Ah battery, weighs 147 grams and measures 150.3×77.4×7.9mm.
This new feature by Google would enable users even with 2G connection to load web pages faster and also by consuming less amount of data through Chrome or Android browser from Google search engine. The new service is still under the testing phase and it will take little longer before the full-fledged launch. As per the tests conducted, the service is suffice to keep the speed high and data consumption low. In a pilot test conducted in Indonesia, the results proved that with the new service the web pages load way faster (4x faster to be precise) and consume approx 80 percent lesser amount of data. The new feature will also allow the users to view web pages in their original form as well.
