Archive for October, 2016

LYF Smartphone+ introduces special edition LYF F1 – a device designed to deliver enhanced experience over advanced 4G network

October 24, 2016

Reliance Retail have launched LYF F1, a Special Edition future- ready device from LYF Smartphone+.From introducing VoLTE in smartphones across all price segments to offering advanced features, such as dual camera, smart gestures and voice command controls, LYF continues to spearhead the transition in smartphone technology.

With F1, LYF presents a future ready device designed to deliver an enhanced experience over advanced networks.

Equipped with carrier aggregation (CA) support, LYF F1 is designed to tap the fullest potential of Jio, the world’s largest all-IP network. The CA technology gives users vastly improved data transfer rates and unmatched browsing experience. This feature is known to boost battery life.

Importantly, F1 comes equipped with Rich Communication Services – a set of evolved Messaging services and enriched calling features. The evolved Messaging feature, an enhancement of the existing SMS feature on LTE network, allows group chat, file and location sharing, and much more through the good old SIM-based messaging. Enriched calling lets the user set context to a call by adding location, image, urgency and customised message.

Loaded with a 16 MP rear camera, LYF F1 is designed for low-light photography, powered by advanced software technology. Other camera features include a unique multi-focus mode, and electronic image stabilisation that allows steady video recording while in motion.

LYF F1 is powered by a superior Snapdragon processor with 3GB RAM, and a powerful battery with day-long backup. The phone comes with a 5.5 inch full HD IPS display that will give an immersive viewing experience. A built-in video player helps you view two videos on one screen. Also there is Smart Play – the intelligent display feature that pauses your video the moment you look away from the screen, thereby ensuring that you won’t miss a single moment.

LYF F1 comes with Smart Ring technology – a ringer so smart that it helps you trace your phone even when in silent mode.

Speaking about LYF F1, Mr Sunil Dutt, President – Devices, Reliance Retail, said, “LYF F1 smartphone+ is designed to take full advantage of the future ready Jio network. It is unmatched in speed, quality and product experience. LYF F1 is available in stores across the country now. With LYF F1, we welcome you to get future ready.”

F1 was unveiled by Indian actor and model Genelia D’Souza at the Reliance Digital store in Prabhadevi, Mumbai.

Reliance Digital, India’s largest consumer electronics retailer with over 1900 stores across India, hosted the event. The showcasing of LYF F1 Smartphone+ fits the retail giant’s core value proposition – to bring the latest and leading consumer technology products first to Indian customers.

Loaded with these features, plus many more, LYF F1 comes at an unbelievable Rs 13,399. To believe it, you must experience it.

About Reliance Retail Limited: 

Reliance Retail Limited (RRL), a subsidiary of Reliance Industries Limited (RIL), opened its first retail store in November 2006, and has grown to 3,442 stores across 679 cities with an area of over 13 million sq.ft. as on 30th September, 2016. Reliance Retail is India’s largest retailer in the country and has established leadership position across various focus sectors. Reliance Fresh, Reliance Digital, Reliance Trends and Reliance Footprint are market leaders with the largest number of showrooms in their respective format sectors.

Summary

Reliance Retail have launched a special edition smart phone LYF F1, available now at Rs. 13,339.

Reliance Industries Q2 Results Showcase Strong Earnings

October 20, 2016

Reliance Industries Limited, India’s largest private-sector company announced its Q2 results today. The Mukesh Ambani-led conglomerate showcased strong growth all around. RIL’s Quarterly consolidated net profit stood at Rupees 7,206 Crore ($ 1.1 Billion), up from the last quarter 43.1%. Additionally, its quarterly consolidated PBDIT stood at Rupees 13,551 Crore ($ 2.0 Billion), up 24.8%. The company also announced record earnings in the Petrochemicals Segment (EBIT) and record Quarterly Standalone Net Profit of Rupees 7,704 Crore ($ 1.2 Billion), up by 17.9%.

Key Highlights

The numbers showcased in the live telecast of the Q2 results by Alok Agarwal, CFO of RIL indicated to yet another strong showing by RIL. The consolidated revenue (turnover) increased by 9.6% to Rupees 81,651 crore ($ 12.3 billion). PBDIT increased by 24.8% to Rupees 13,551 crore ($ 2.0 billion) and EBIT margin at 11.3%, up by 148bps. What’s sure to ease shareholder sentiment are the numbers showcasing profit. Profit before Tax (excluding exceptional item) increased by 40.8% to Rupees 9,884 crore ($ 1.5 billion) whereas Cash Profit (excluding exceptional item) and Net Profit (excluding exceptional item) increased by 27.7% to Rupees 10,341 crore ($ 1.6 billion) and 43.1% to Rupees 7,206 crore ($ 1.1 billion), respectively.

Petrochemicals, Refining, Oil & Gas

The core of RIL’s business for the past two decades has been petrochemicals, refining and other key areas in the Oil & Gas sector. The business environment has changed dramatically over time and even in the last quarter presented some new challenges. Considering the overall business outlook of this sector, the overall scenario presented in RIL’s Q2 report does indeed look promising.

Global oil demand continues to remain firm tracking 1.3 mb/d growth in 2016. Demand growth in India has been particularly strong with 8% Y-o-Y overall growth in 1H FY17, led by gasoline (+11%), ATF (+11%), LPG (+11%) and diesel (+3%). Average utilization rates for refineries globally in 2Q FY17 were 87.8% in North America, 86.2% in Europe and 86.0% in Asia. RIL’s exports of refined products from India were at $ 4.8 billion during the 2Q FY17 as compared to $ 5.5 billion in 2Q FY16. Export volumes of refined products remained unchanged on a Y-o-Y basis at 11.1 MMT during the quarter.

New Frontiers

Reliance Industries Limited’s foray into telecommunications has been widely anticipated for some time now. The company’s 4G/LTE initiative, a subsidiary of RIL titled, ‘Reliance Jio Infocomm Limited’ officially launched services on September 1st 2016 with its ‘Welcome Offer.’  Jio has already seen over 16 million users subscribing to its services and is growing at a remarkable pace in the less than 50 days after its official launch. Jio also issued Rupees 2,000 crore of 5 year Non-Convertible Debentures (NCDs), bearing a coupon of 8.32% per annum, payable annually.

With over 2,50,000 crores invested in this ambitious new venture, Reliance is indeed banking on impressive gains from Jio for both, consumers and shareholders.

Chairman and MD on the Q2 Results

With a performance far better than the markets expected, Chairman and Managaing Director of Reliance Industries Ltd., Mukesh Ambani was understandably quite pleased with the numbers showcased in the results. Commenting on the results, he was quoted as saying, “The Company has achieved outstanding second quarter results with strong refining business performance and record petrochemicals segment earnings. Refining business sustained high profitability in a tough environment highlighting our exceptional refining assets, dynamic response to market trends and robust operations. Petrochemicals segment gained significantly from higher volumes, integration and supportive product margins. Our projects in the hydrocarbon chain are at advanced stages of mechanical completion and precommissioning activities. These projects will further strengthen our position as a leading operator in the energy and materials businesses. We are delighted and humbled by the enthusiastic adoption of Jio by India. Jio is built to empower every Indian with the power of data”.

Reliance Jio Experience Center Exhibits Jio’s Services and Upcoming Digital Plans for India

October 19, 2016

Reliance Jio’s foray into the telecom sector set off a digital revolution in the country, when the company opened its high-speed digital services to the public. Jio, the world’s largest start-up has been making steady progress, with its customer base rising exponentially.

Reliance Jio’s services range from premium voice and video calls to a plethora of applications like Jio Money and MyJio. All these facilities are currently free for customers under Jio’s welcome offer, which is valid till the end of 2016.

Jio Experience Center

Since the telecom company has set a benchmark through its affordable 4G services, Reliance Industries (RIL) has taken the onus of offering interested individuals the chance to catch a glimpse of the entire Jio digital ecosystem through the Jio Experience Center. The center not only explains Jio’s unique services but also offers insights into the telecom brand’s future plans to redefine the digital sector in India. It includes 24 experience zones, which are further categorized into 11 clusters.

Access to SIM Cards through technology-aided eKYC machines

One of the clusters gave an insight into Jio’s easy SIM card purchase procedure through an eKYC machine, which only requires a customer’s Aadhaar card for verification. It exhibited how an eKYC machine scans a customer’s Aadhaar card, thereby making the process fast and free of errors. Activation of the SIM card follows soon after through an Interactive Voice Response (IVR) verification procedure.

Easy data transfer with ‘SwitchToJio’

Data transfer from one device to another is conventionally executed by a retailer and entails transferring a user’s data from his old phone to a new phone with the help of a computer. Doing this procedure often involves high risks like privacy breach or even loss of important data. However, a new app called ‘SwitchToJio’ by Mukesh Ambani led Reliance Jio offers convenient transfer of important phone data to a new device, wherein devices are securely connected through the application and data transfer can be done without a user’s privacy being compromised.

Net Velocity

Another point of focus at the experience center is the Net Velocity app, which allows users to not only check their Internet connection speed but also send across their feedback to the Jio team. This is beneficial for users as their Internet issues can be directly addressed without inconvenience.

Other demonstrations

The Jio Experience Center also showcases current offerings by the telecom brand like its VoLTE feature, which allows even a non-VoLTE phone user to enjoy a premium call experience. The diverse features of the wallet app, Jio Money are also showcased at the center, which enables users to avail of exclusive offers at stores and make payments easily.

One of the most interesting segments at the center is the demonstration on how a car can become a smart car through the JioCarConnect application. It lets users connect their smart phone to the car and enable functions like lock-unlock and remote location tracker.

The center also focuses on Jio’s upcoming plans which include the JioFiber 1Gbps Connection. In addition to this it also exhibited technology models that would be used in the future, enabling users to connect their television sets to smart IoT devices, speakers, and cameras.

Summary

Reliance Jio Experience Center exhibits Jio’s well-planned digital ecosystem.

Reliance Jio Garners More Than 16 Million Subscribers

October 17, 2016

Mukesh Ambani Led Reliance Jio commercially launched its much-awaited high-speed 4G services on the 5th of September 2016. The digital arm of Reliance Industries Limited (RIL), Reliance Jio touched the lives of more than 16 million customers in less than a month. This is considered as a world record by the company, with its user base having grown faster than any other operator or start-up in the world.

Reliance Jio

The owner of the largest spectrum in the country, Reliance Jio had announced its telecom plans back in 2010. After six years of arduous work, the necessary infrastructure and staff was available for a nationwide commercial launch. In order to prevent technical glitches, the telecom services were launched in phases. In December 2015, Reliance employees were granted free access to Jio services. Following that, LYF users could avail of a free Jio SIM card that allowed them to enjoy free voice and data services for a period of three months.

Today, Reliance Jio SIM cards are available at all Reliance Digital stores. The company has even installed eKYC machines at 3,100 such outlets. These eKYC machines help users to streamline their application process with the help of their Aadhaar cards.

Jio’s popularity

Major credit goes to the company’s welcome offer that allows individuals to avail of unlimited free Jio services for data, voice, and video services. Valid till the 31st of December 2016, this has helped the brand garner millions of loyal fans. It helped the company’s flagship stores witness huge queues on the day of Jio’s commercial launch.

The iPhone offer

On the recent release of the new Apple iPhone 7 in India, Reliance Jio’s collaboration with Apple helped users of the iPhone 7 and iPhone 7 Plus avail of complimentary Jio services. Additionally, the offer was also opened to users of older models like iPhone SE, 6, 6 Plus, 6S, and 6S Plus.

On purchase of these smart phones from authorized Apple stores, users can enjoy a range of Jio services that is worth Rs. 18,000. The offer comprises unlimited calls, 20GB 4G data, 40GB of Wi-Fi data through JioFi hotspots, unlimited messaging, unlimited 4G data at night, and a subscription to its extensive range of applications.

Enterprise customers can enjoy a 25% discount in addition to the aforementioned offer. They can also enjoy special tariff plans, although these have not been made public yet. 

Smartron phones

Smartron is an Indian smart phone and IoT brand that recently released the tphone handset. Focused on developing engineering and innovation in India, the manufacturer has collaborated with Reliance Jio to offer its users the welcome offer. This is the latest device to be added to the list of Reliance Jio-compatible smart phones.

Chairman and Managing Director at RIL, Mukesh Ambani stated that the company is overwhelmed by the positive response to Jio’s welcome offer. He explained how the world’s largest start-up has been devised to benefit millions of Indians through data. He thanked the public for recognizing the company’s efforts and vowed to meet customer expectations.

Summary

Reliance Jio’s subscriber base has expanded to more than 16 million in just a month after its commercial launch.

Nita Ambani Desires for India to Become a Multi-Sport Nation

October 14, 2016

Nita Ambani aims to transform the lives of millions of Indians through Reliance Foundation (RF) and various other initiatives. Her programs are aimed at devising contemporary solutions that help tackle or eradicate problems faced in the country. She has spearheaded several initiatives in the fields of healthcare, sports, and rural transformation, among others.

Nita Ambani and sports

Nita Ambani dreams of a brighter future for India, of it being wholly accepting and encouraging of multiple sport disciplines. She believes that all influential individuals like teachers, coaches, and parents should strive to instill the love of sports in children. Instead of being just another chore, sports should be integrated into the Indian school curriculum, thereby helping students to be more active and physically fit.

By focusing on multiple sports, the scope of growth and development of these children and consequently the country is widened. In order to do so, she states that there is extensive work to be done in terms of the infrastructure available in the country. This would supplement the hard work of the coaches, thereby creating an appropriate platform for talented individuals.

The field of football

Nita Ambani stated how overwhelmed she felt on the support she received for her football initiative, the Indian Super League (ISL). She said that in addition to the fan support, even the franchise owners had a competitive spirit, which contributed to the overall success of the league. On the 12th of October, 2014, the ISL helped start a football revolution in the country, and the league is now in its third run. The first of its kind, the league was the talk of the town and helped popularize the sport. Nita Ambani elaborated on a few challenges faced in the ISL, one of them being the infrastructure. She said that the team had to work a lot to prepare the football pitches and venues for matches.

The ISL’s grassroots program

The league considers its grassroots initiatives to be extremely integral to the development of football in the country. It has laid down a long-term strategic plan that will be incorporated and followed by its clubs. Reliance Foundation’s Young Champs program is also designed to scout and train young children in the sport. They will be selected and trained at an RF facility in Navi Mumbai. This unique scholarship program is a full-time one and is focused on coaching them while also ensuring they receive quality education.

Nita Ambani is paving the way for the development of different sports by working at the grassroots as well as other levels through the Football Sports Development Limited (FSDL), Reliance Foundation (RF), as well as the Indian Super League (ISL).

Nita Ambani explains that many Indian parents are wary of their children taking up sports as a profession and that this belief needs to be changed immediately. She believes that all sports can be lucrative and that by creating financially attractive opportunities in the same, Indian sports can become globally recognized.

Summary

Nita Ambani, through several initiatives and programs, is working towards transforming India into a multi-sport nation.

Reliance Jio Launches LYF WIND 4S at Rs. 7,699

October 13, 2016

LYF is a smart phone brand under Reliance Jio. With an aim to support the digital revolution created by Jio’s high-speed 4G services, LYF offers a host of smart phone options that users can choose from. The USP of th­ese devices is their superior quality coupled with affordability.

As on August 2016, LYF was the fifth largest brand in India in terms of smart phone sales. Its popularity can be attributed to the Reliance Jio welcome offer.

Reliance Jio welcome offer

Under the welcome offer by Reliance Jio, LYF phone users receive a free Jio 4G SIM card. The offer entails unlimited free usage of its voice, video, messaging, and data services till the 31st of December 2016. Additionally, users may also access Jio’s range of premium applications for free.

LYF devices

Although all LYF mobiles are 4G-enabled and support the VoLTE feature, they span across various price categories, thereby increasing their demographic reach.

Recently, LYF launched two new devices, the LYF WIND 4S and the LYF FLAME 7S to add to its extensive range of smart phones. The successor of LYF WIND 4, the LYF WIND 4S model is priced at Rs. 7,699. LYF FLAME 7S follows FLAME 7 and retails at Rs. 3,499.

Like other LYF phones, these handsets are also offered with a 2-year warranty period by the manufacturer.

Build quality of WIND 4S

The screen of the WIND 4S is a 5-inch IPS one. As opposed to the faux leather texture of the WIND 4, the 4S has a sleek metallic finish. It will be available in black, brown, and blue colored variants. The device also comes with improved audio features with a DTS-powered speaker that is fitted at the rear of the device.

The LYF WIND 4S is powered by a Snapdragon 210 quad-core processor that is clocked at a speed of 1.3GHz. In terms of storage, this device offers 2GB RAM and 16GB of internal memory. The internal storage may be expanded using a microSD card up to 128GB. This is a major difference as compared to the 1GB RAM and 8GB internal storage offered by the WIND 4, which now retails at Rs. 6,799.

Phone specifications

The LYF WIND 4S has a 5MP front camera and an 8MP LED flash-enabled rear camera. The front camera is a considerable improvement considering the LYF WIND 4 had a 2MP one. The battery is the same, a 4,000mAh one that is said to last more than a day of regular usage. Additionally, the device also includes the dual-SIM feature.

LYF FLAME 7S

The FLAME 7S is an entry-level 4G smart phone by LYF. Priced at Rs. 3,499, this smart phone has a 4-inch WVGA screen with a pixel resolution of 480×800. The device is powered by a Spreadtrum SC9830 quad-core processor. In terms of memory, it offers 8GB internal storage and 1GB RAM. The FLAME 7S sports a VGA front camera and a 5MP rear camera.

The latest entrants, WIND 4S and FLAME 7S, are enhanced versions of earlier LYF smart phone models. This helps the brand reach a wider audience and thereby, garner higher sales.

Summary

Reliance Jio launches LYF WIND 4S, a successor to WIND 4, at Rs. 7,699.

Reliance Jio’s Welcome Offer Available for iPhone Models

October 12, 2016

Reliance Jio is a telecom company that serves as a comprehensive digital ecosystem in India. A subsidiary of Reliance Industries Limited (RIL), Reliance Jio commenced its telecom services in September 2016 commercially on an all-India level.

The digital arm of RIL, Reliance Jio is also the world’s largest start-up. It offers smartphones, personal Wi-Fi hotspots, broadband services, and Jio 4G services. Presently, this service provider is allowing new users to avail of the Jio welcome offer.

Welcome offer

The offer allows individuals to avail of free unlimited data, voice, and video services, along with premium Jio applications till the 31st of December 2016.

This offer has now been extended to Apple devices, namely the iPhone SE, iPhone 6, iPhone 6S, iPhone 6 Plus, and iPhone 6S Plus. The offer may also be enjoyed by those purchasing either the iPhone 7 or iPhone 7 Plus models. However, it is only applicable if users purchase the Apple device from authorized Apple resellers or Reliance Digital stores.

Services for iPhone users

Existing users of iPhones need not worry; they can also avail of this deal. Till the end of 2016, they can enjoy unlimited Reliance Jio services for free. After this welcome period expires, users may select any one plan from the array of packages Jio has made available for prepaid and postpaid accounts. Users may also opt for the one-year-long complimentary service plan that is priced at Rs. 1,499.

While announcing Reliance Jio’s welcome offer for iPhone models, the telecom company also released a new smart phone under  its brand LYF, the LYF FLAME 7S.

LYF FLAME 7S

The LYF FLAME 7S is priced at Rs. 3,499 and may be purchased at any Reliance Digital store. The smart phone has a 4-inch WVGA screen of 480×800 pixel resolution. For added protection, the screen is covered with Asahi Dragontrail Glass. Operating on Lollipop 5.1, it is powered by a quad-core Spreadtrum processor that is clocked at 1.5GHz. In terms of memory, the smart phone comes with 1GB RAM and 8GB internal storage. The latter can be expanded up to 32GB with the help of a microSD card.

Available in red and black variants, the LYF FLAME 7S has an 1800mAh lithium-ion battery. The device also sports a 0.3MP front camera and a 5MP LED-enabled rear camera. With respect to connectivity options, the smart phone supports micro USB 2.0, VoLTE, Bluetooth 4.0, GPS, Wi-Fi, and the dual-SIM feature.

Reliance Jio is performing better than its rivals since it allows more than just iPhone 7 and 7 Plus users to avail of its free services and discounts Additionally, the launch of new devices by the telecom company has ensured that its customer base keeps on increasing and covers more price points.

Summary

Reliance Jio extends its welcome offer to iPhone models, namely the iPhone SE, 6, 6 Plus, 6S, 6S Plus, 7, and 7 Plus.

Nita Ambani Discusses Sports and its Role in Community Development at the Vatican

October 10, 2016

Nita Ambani, Founder and Chairperson of Reliance Foundation, is a multi-talented individual. An Indian representative at the International Olympic Committee (IOC), she aims to integrate sports into the lives of millions of Indians.

Nita Ambani is also the person behind the popular Indian Super League (ISL). It is a football league that intends to popularize the sport across India and create a unique platform for young talent. Presently in its third edition, the Hero ISL also has a grassroots initiative. Aimed at inculcating the spirit of the sport across rural towns and villages in India, the grassroots program touched the lives of more than half a million children in its first run itself.

Through her work in the foundation, Nita Ambani continues to spearhead projects that emphasize the role played by sports in the growth of the youth, enabling them to develop their leadership skills.

The Vatican Conference

A conference was held in the Vatican by the IOC and the United Nations (UN). It was hosted by Thomas Bach, President of the IOC, Ban Ki-moon, the UN Secretary General, and Pope Francis. Nita Ambani was the Indian representative at this event, which witnessed the participation of more than 150 world leaders.

The main focus of this conference was on the role played by sport and faith, which if combined would have a greater impact on individuals belonging to different countries and walks of life.

Nita Ambani’s speech

Nita Ambani spoke about sports and humanity at this event. She explained how the field of sports is a medium of change which can help society overcome its differences and unite for a shared cause. Citing numerous case studies from Reliance Foundation’s (RF) youth engagement drives, she explained how sports can help transform the lives of people by creating new opportunities which were previously unavailable. She emphasized on sports, stating that they have the potential to help communities, countries, and consequently, the entire world.

The power of sports

Nita Ambani thanked the organizers for allowing her to speak at the ‘Sport at the Service of Humanity’ conference. She reinstated how sport is capable of fostering relations between people belonging to different religions, regions, and backgrounds.

Nita Ambani, explained how witnessing people belonging to varied ages and groups coming together to support individual players or a team is magical. She explained how sport has the unique power of creating avenues, allowing communities to cast aside their differences and come together. She said that the conference opened up her mind to newer ideas that she hopes to implement in the near future.

Summary

The ‘Sport at the Service of Humanity’ Conference held in Vatican City witnessed Nita Ambani speak about the role played by sports in the overall development of individuals belonging to different communities in India and the world.

Reliance Jio Garners 16 Million Users within a Month and Sets a World Record

October 10, 2016

Reliance Jio, the newest entrant to the rapidly growing telecom industry in India has made a tremendous impact with its superior 4G offerings. The recent update on its growing popularity indicates that the telecom company has managed to garner a whopping 16 million users within 26 days of being launched.

Reliance Jio’s rapid growth

Reliance Jio  made a successful foray during its welcome offer launch, building a user base of approximately three million users. Post the commercial launch of its services, Jio managed to add 13 million more users to its existing customer base. This achievement made Jio one of the only operators to have managed a subscription rate of this scale. The company released a statement that declared Jio to be one of the fastest start-ups to record such a high growth rate, even surpassing counterparts like WhatsApp, Facebook, and Skype.

Reliance Jio’s marketing strategy is one of the integral factors that have resulted in the company’s rapid growth. This involves offering unlimited data services and premium applications for free till the end of 2016.

Jio on its way to reaching 100 million users

Mukesh Ambani had stated during Reliance Industries Limited’s (RIL) 42ND annual general meeting that Jio aims to target 100 million users in the shortest time span. He added that the same would lead to a 250 crore GB (gigabyte) of data usage every month.

Today, not only is Jio on its way to achieving the set target, but also giving rivals a run for their money by offering affordable tariff plans to users. Incumbent operators have been affected by Jio’s marketing strategy, which aims to offer free data services to users till December 31st 2016. Thereafter, Jio will continue to offer high-speed 4G services to customers at minimum rates with 10 tariff plans. According to these plans, occasional data consumers can subscribe for the Rs. 19 per day plan while low data consumers can opt for the Rs. 149 per month scheme. Additionally, those who require high amounts of data can choose the Rs. 4,999 per month plan.

Mukesh Ambani’s reaction to Jio’s success

Mukesh Ambani expressed his views on Jio’s success by stating that he was not only delighted but also humbled by the response. He particularly emphasized on Jio’s aim to empower Indians by providing them with affordable data services. Mukesh Ambani added that he was happy because customers have recognized the opportunity and have embraced the same wholeheartedly. He concluded by stating that Jio would constantly aim to improve its services and surpass the expectations of users.

To further extend its reach, Reliance Jio implemented an electronic Know Your Customer (KYC) method that only requires the Aadhaar card of a customer for verification. This has been introduced across 3100 cities in India. The procedure is hassle-free as it only takes a few minutes for SIM card activation, which makes it a smooth experience for customers. Reliance Jio stated that it intends to introduce the same process across every region in India, with regular improvisation to stabilize the system.

Summary

Reliance Jio acquires 16 million subscribers within the first month of its launch, thereby creating a world record.

JIO CREATES A WORLD RECORD: ‘Jio Welcome Offer’ enrolls 16 Million customers in 26 days

October 10, 2016

Reliance Jio Infocomm Ltd. (Jio) announced today that it has created a world record by crossing 16 Million subscribers in its first month of operations (September, 2016). Jio has achieved this growth faster than any other telecom operator or start up in the world including the likes of Facebook, WhatsApp and Skype.

Mr. Mukesh D. Ambani, Chairman, Reliance Industries Limited, said, “We are delighted and humbled by the overwhelming response across India to the Jio Welcome Offer. Jio is built to empower every Indian with the power of data. We are delighted that people have recognized this and are utilizing our services to the fullest. We are customer-obsessed and committed to improve every day to exceed expectations of our customers.”   Jio has introduced Aadhaar-based paper-less Jio SIM activation across 3,100 cities and towns. This enables the customer to complete the SIM activation process in a matter of minutes, with only his/her Aadhaar number. This process will be extended across the country and fully stabilized for satisfactory on-boarding experience in the next few weeks.

About Reliance Jio Infocomm Limited

Reliance Jio  Infocomm Limited (“Jio”), a subsidiary of Reliance Industries Limited (“RIL”), has built a world-class all-IP data strong future proof network with latest 4G LTE technology. It is the only network conceived and born as a Mobile Video Network from the ground up and supporting Voice over LTE technology. It is future ready and can be easily upgraded to support even more data, as technologies advance on to 5G, 6G and beyond.

Jio will bring transformational changes in the Indian digital services space to enable the vision of Digital India for 1.2 billion Indians and propel India into global leadership in digital economy. It has created an eco-system comprising network, devices, applications and content, service experience and affordable tariffs for everyone to live the Jio Digital Life. As part of its customer offers, Jio has revolutionized the Indian telecom landscape by making voice calls for Jio customers absolutely free, across India, to any network, and always.

Reliance Jio will not only provide affordable internet, but also mobile phones and access to other complimentary Jio apps such as JioChat, JioTV, JioMusic, etc. Also, you can get your own personal 4G hotspot with the help of Jio WiFi dongle, so you remain connected no matter where you are. Jio makes India the highest quality, most affordable data market in the world so that every Indian can do Datagiri.

Summary

Reliance Jio sets a world record by enrolling 16 million subscribers in its first month of operations.