Reliance JioWill Be 80 Times Faster Than Other Networks

Mukesh Ambani, the chairman of Reliance Industries(RIL), has said that the telecom arm of the group, Reliance Jio, is the world’s biggest startup. It is the first startup to roll with an investment of INR 150,000 crore. He stated that users could expect speeds to be 80 times faster than the current speed, but at reasonable prices.

When delivering the keynote address at FICCI Frames 2016,Mr. Mukesh Ambani said, “Jio is one of the largest transformational Greenfield digital initiatives anywhere in the world”. Earlier the company had estimated that it would invest INR 100,000 crore by the time of thelaunch, but the figure has grown as the launch date of Jiois now scheduled for the end of 2016.

Mr. Mukesh Ambani Discloses Information on Reliance Jio Network

Mr. Mukesh Ambani further stated that Reliance Jio is expected to start its services with over 70% coverage of India right from its launch date and plans to cover more than 90% of India’s population by 2017. Jio has its 4G airwaves in 22 service areas and he gave an assurance that 4G services will be available at cost-effective prices. Mr. Mukesh Ambani said, “Jio will significantly up the quantity, quality and coverage for broadband internet while lowering the cost to the user”.

Mr. Ambani said that the Reliance Jio network is “engineered to provide a capacity of 10GB per month to every user”.This is almost 100 times more than the current average data consumption, which is only about 0.15 GB a month in India. He had previously said that Reliance Jio will offer voice and data services at less than half the current market price. The offer will include Live TV, messaging, news, Movies-on-demand, digital payment platform, and music streaming.

Digitization the Latest Trend

Reliance Jio was conceived keeping the trend of digitization in mind. His vision is to get India positioned among the top 10 countries for mobile Internet rankings in the world. It is presently ranked at 150.

Speculation About Reliance Jio Release Date

Though, Mr. Ambani on Wednesday at FICCI Frames 2016, did not talk about the official commercial launch date of Jio, experts anticipate the soft launch by mid-April and a commercial launch by December 2016. Jio has already rolled out its services to 120,000 of its employees and partners last December.

The Bank of America-Merrill Lynch predicts that Jio might roll out the soft launch in April only to test if it is capable of handling a full-blown commercial rollout that is expected soon.

Summary:

Reliance Jio expected to deliver broadband speeds that will be 80 times faster than the current speed at reasonable prices.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: