Technoglitch
Core Member
Reliance Jio, the wireless telephony and data services subsidiary of Reliance Industries will launch its commercial services by December this year, Chairman of RIL, Mukesh Ambani said here today at its 41st annual general meeting of shareholders. Jio will begin beta services with select consumers in the next few months before the commercial launch in december.
The 4G LTE smartphones are expected to be priced below Rs 4000 by the year end, said Ambani.
Ambani said FY 2016-17 will be the first full year of commercial operations for Reliance Jio and contribute to Reliance’s top line. Giving details of Jio’s services, in whichRIL has already invested Rs 60,000 crore, Ambani said RIL has set up a new generation of broadband services which would cover 80% of India’s population by year-end.
“Reliance Jio is currently in pre-launch testing and stabilising phase.. the key components of broadband network is now operational and we will play an important role in the digital revolution planned by the Indian government,” Ambani said.
Reliance Jio to launch commercial services by December: Mukesh Ambani | Business Standard News
The 4G LTE smartphones are expected to be priced below Rs 4000 by the year end, said Ambani.
Ambani said FY 2016-17 will be the first full year of commercial operations for Reliance Jio and contribute to Reliance’s top line. Giving details of Jio’s services, in whichRIL has already invested Rs 60,000 crore, Ambani said RIL has set up a new generation of broadband services which would cover 80% of India’s population by year-end.
“Reliance Jio is currently in pre-launch testing and stabilising phase.. the key components of broadband network is now operational and we will play an important role in the digital revolution planned by the Indian government,” Ambani said.
Reliance Jio to launch commercial services by December: Mukesh Ambani | Business Standard News
