Posts Tagged ‘Reliance Industries’

Reliance Jio Aims to Deliver JioPhones by this Diwali

September 27, 2017

Mukesh Ambani led Reliance Jio is aiming to complete the delivery of six million orders by this Diwali. Reports also state that the feature phones have already been dispatched and will soon reach customers.

JioPhone to be delivered this Diwali

The JioPhone’s Twitter handle (@LYF_IN) confirmed to a customer that the delivery of JioPhones has started in a phased manner and all the pre-booked customers will get their phones by this Diwali. The customers have to pick their JioPhones from the stores and it will be distributed on a first-come-first-serve basis. The phone will be available at Jio Retailers, Reliance Digital stores, and also at multi-brand device retailers.

Goals of Jio

Reliance Jio aims to deliver the 4G feature phone to about 100 to 150 million customers in a period of six months. The first booking phase started on 24th August and closed on 26th August. In the duration of three days, Jio reached six million pre-booked orders. Besides this, there are over ten million customers who are waiting for the next phase of pre-booking. According to sources, the second phase of booking might start in a few weeks. The telecom giant recently got 130 million customers.

All you need to know about the JioPhone

The JioPhone has been the most anticipated feature phone in recent history. As it is a feature phone, it has a small screen with a numeric keypad. The phone is well-built and comfortable to hold. Considering its price, it comes in good quality plastic and rubber.

  • Features of the JioPhone

The phone comes with a 2.4-inch screen with a resolution of 240×320. The JioPhone comes with a loudspeaker at the back, micro USB ports for charging, and a 3.5mm headphone socket. This phone comes with a 2,000mAh removable battery and Nano SIM slot. Though the phone has 4GB of internal storage, it still has a MicroSD card slot that supports cards up to 128GB. The phone is powered by a dual-core processor and comes with a 512MB RAM.

It has a primary camera of two megapixels and a secondary VGA camera. The phone takes photos in 1600×1200 resolution, while the videos have a resolution of 320×240. The secondary VGA camera clicks 640×480 resolution pictures.

The phone runs on KaiOS, a new operating system. The Jio apps including JioMusic, JioCinema, JioTV, and more are pre-installed. Apps such as Facebook and YouTube are not offered yet but are expected to be available soon. There is also a voice assistant feature which handles basic voice commands in both, English and Hindi languages. The JioPhone has important features like Wi-Fi, Bluetooth, and Geo Location as well.

Mukesh Ambani led Jio offers free voice calls and unlimited SMS for life and 500MB of data a day for INR 153 per month. The company ensures that the phone is effectively free as it takes a three-year refundable deposit of INR 1,500.


Reliance Jio aims to complete the delivery of its feature phone by this Diwali.


Reliance Jio Offers a Special Festival Discount on JioFi

September 21, 2017

Mukesh Ambani led Reliance Jio announced a festival offer for its users. The company is offering JioFi device at a discounted rate.

JioFi festival offer

With all e-commerce portals like Flipkart and Amazon giving various deals and discounts on electronics and smartphones, even Reliance Jio came up with rolling special festival discounts.

Starting from 20th September, the JioFi device is available at INR 999 until 30th September. The original price of the JioFi device is INR 1,999; but, users are getting it at a 50 percent discount, which makes the price as INR 999. The offer is exclusively available for Jio Prime members and is valid only on JioFi M2S model. It is available on the company’s official website. Users are not allowed to club this offer with any other Reliance Jio offer.

Features of the JioFi device

Reliance JioFi device lets users access 4G VoLTE data even on 2G and 3G smartphones. You may connect your JioFi device with up to 32 devices including tablets, smart TVs, and smartphones. However, it is advisable not to connect it to more than ten devices.

JioFi offers download speed of 150Mbps and an upload speed of 50Mbps. It comes with a 2,300 mAh battery and provides six hours of surf time. When talking about the dimensions of the device, it measures 85x55x16mm, which makes it look sleek and stylish. The portable Wi-Fi device also allows people to make HD video calls, voice calls, and conference calls.

Advantages of JioFi

JioFi is highly functional and convenient. You may carry it along wherever you go. It lets you connect to multiple devices even when you are on the go. The device comes with a rechargeable battery. This makes it convenient for use as you do not have to look for electric outlets and can place it in whichever room you are working at the time.

Other JioFi offers

There is another offer on JioFi’s JMR540 model that may be availed of through the company’s website. Under this offer, users get the JioFi device worth INR 2,499 at a 20 percent discount. The discounted price is INR 1,999.

Along with the device, the user will be able to enjoy unlimited voice and data services worth INR 1,999. For this, the customer will have to visit a Jio store, get a Jio SIM activated, and follow other instructions. The JioFi JMR540 model comes with a battery capacity of 2,600 mAh.

JioFi and the market

According to CyberMedia Research (CMR), JioFi devices had a 91 percent market share of data cards in India during the second quarter of 2017. It is said that home routers market has been affected by Mukesh Ambani’s Reliance Jio MiFi, which is JioFi because nine out of ten devices are JioFi devices. Narinder Kumar, Analyst at Industry Intelligence Practice, CMR said that there is a decline of 60 to 70 percent in sales at major cities as per the initial statistics.


Reliance Jio is offering a special festival discount of 50 percent on the JioFi device.

Mukesh Ambani Bags “Business Leader of the Year” Award

September 12, 2017

For the second time, Mukesh Ambani, the Chairman of Reliance Industries Limited (RIL) has been chosen as the “Business Leader of the Year” at the Economic Times (ET) Awards for his corporate excellence. He had won the same award back in 2006.

In the first round itself, Ambani received seven votes. His nearest rival had received four votes. The jury unanimously selected Ambani recognizing the disruption he created and the way he revolutionized the telecom and refinery industries in India.

Recent achievements of Mukesh Ambani

Since the past year, Ambani has added a number of achievements to his credit. He took his company and stocks to a new height. He also spearheaded the successful launch of the company’s game-changing ventures, shook the telecom market, stabilized fuel retail, and delivered top-class performance from RIL’s Jamnagar refinery.

Recently in August 2017, the shares of RIL witnessed a surge. Due to this, Ambani was able to add USD 12.5 billion to his wealth. This made him the second richest businessman in Asia, as per the Bloomberg billionaire’s index. His total wealth was accounted as USD 35 billion, which made him the 19th richest person in the world.

Reliance Jio’s success

In the past few years, Ambani has made huge capital investments. These investments are now adding to the company’s cash flows. One such major investment was in the telecom venture, Reliance Jio.

The launch of Reliance Jio in September 2016 played a major role in transforming the shape of the Indian telecom and digital market. The telecom company attracted millions of customers with its offering of free data at the beginning and low data packages now. The company also offers free lifetime voice calling and other services to its users.

In partnership with RIL’s retail arm, Reliance Jio has now announced India’s first-ever 4G VoLTE feature phone. The phone is available at a refundable price of INR 1,500 and is marketed as an “effectively free” product. Analysts predict that this move will help the company to break even before the expected time.

Growth of RIL’s oil and gas business

Mukesh Ambani is renowned for implementing world-class projects in his oil and gas business. In the 1990s, he led the creation of RIL’s Jamnagar refinery, which is the largest in the world. He has expanded the company’s refining capacity since then to reach 1.24 million barrels per day. In the April-June 2017 quarter, the net profit of RIL crossed the INR 9,000 crore-mark. Its refining margin was around two times higher than that of other similar Asian companies.

Out of Ambani’s 40 years as an RIL board member, last year has been the most significant one. The company withstood serious disputes on regulatory matters with the oil ministry and resolved them. This eventually led it to make the recent big announcement of investing USD 6 billion for the production of natural gas from KG-basin’s deep-sea fields. Besides, the company has also revived its network of petrol pumps, which resulted in it recording higher sales than the industry average.


For the second time, Mukesh Ambani won the title of “Business Leader of the Year” at the Economic Times Awards.

Reliance Jio Creates Several Records

September 8, 2017

In one year of its operation, the Mukesh Ambani-led Reliance Jio created and broke a number of records. These records are not only at the national level but also globally. The company has received 130 million customers in one year.

Impact of Reliance Jio

Reliance Jio began its operations on 5th September 2016, disrupting the Indian telecom market as it did. The telecom company offered unlimited 4G data, voice calls, and other services at no cost for the first three months. It then extended its free service for another three months. Reliance Jio witnessed the fastest growth ever made by any technology company as it garnered 100 million customers within 170 days of its launch.

In the month following Jio’s launch, the subscriber addition touched its peak. In October 2016, the telecom subscriber base in India surpassed the 1.1 billion mark. The month saw the highest customer addition of about 29 million. Reliance Jio alone registered an addition of 19.63 million customers in that month.

An official from the company revealed that in this one year, India’s mobile data consumption has increased from 20 crore gigabytes to more than 150 crore gigabytes per month. Jio customers alone consume 125 crore gigabytes of data every month, the official added.

Post the launch of Reliance Jio, the price of 1GB mobile data reduced to less than INR 10. Earlier, INR 250 was charged by other telecom operators.

According to Chairman Mukesh Ambani, India jumped from 155th rank to the first rank with regards to mobile data consumption. He said that Jio is the first and only exabyte telecom business in the world that has more than 100 crore gigabytes of data being consumed on its network. It already carries five times more data than all the other Indian telecom networks combined, he added.

According to data issued by the Telecom Regulatory Authority of India (TRAI), at the end of June 2017, Jio registered 123.36 million subscribers.

Mukesh Ambani’s appreciation

To mark the occasion of the company’s first anniversary, Mukesh Ambani sent a letter to his employees appreciating their efforts. He said that employees’ have tirelessly worked to establish the infrastructure and technology and that their efforts to keep 130 million users satisfied is commendable. He stated that their efforts have made Jio a customer-obsessed company.

Mukesh Ambani told his team that they have broken a number of records in this one year. He congratulated and thanked each one of them for their commitment towards the mission of making India lead in the digital world. The chairman also told his employees that he is looking forward to creating more records while accomplishing this collective dream.

Mukesh Ambani stated that together they have established an end-to-end all IP 4G network, which is the largest in the world. He emphasized that Jio has busted the myth that India is not prepared for advanced technology. This, for him, is the biggest personal satisfaction. He believes that the way India has adopted the 4G technology is a case study for quantum technology leaps.


In one year of its service, Reliance Jio created a number of records in India as well as at the global level.

1 Year of Reliance Jio

September 6, 2017

Reliance Jio completed a year post its launch on 5th September 2016. The telecom company is completely based on the 4G VoLTE network. Currently, it has more than 130 million subscribers.

Welcome Offer and Happy New Year Offer

In 2016, Chairman Mukesh Ambani launched Reliance Jio with the Welcome Offer. He announced free data, voice calls, SMS, and roaming services for all its users for four months. From January 2017, the offer got a three-month extension and it was known as the Happy New Year Offer. The Happy New Year Offer was valid until 31st March 2017 and came with a Fair Usage Policy (FUP) limit of 1GB data per day.

Jio Prime

In February 2017, Mukesh Ambani announced the Jio Prime membership at a one-year fee of INR 99. Users were asked to enroll for the same in March. The deadline was later extended to 15th April.

The chairman also announced data tariffs applicable from the start of April. Prime members enjoyed additional benefits at the same price in comparison with non-Prime members.

Summer Surprise Offer and Jio Dhan Dhana Dhan

The Summer Surprise Offer launched in April provided the benefits of Happy New Year Offer for another three months on a recharge of INR 303 or more. However, post a Telecom Regulatory Authority of India (TRAI) order, the company withdrew the offer. It then repackaged it and launched the Jio Dhan Dhana Dhan plan.

The Jio Dhan Dhana Dhan offered 1GB data per day at INR 309 or 2GB data per day at INR 509. These plans had a validity of three months on the first recharge.

Recently, the company has revamped its prepaid and postpaid plans. It has also introduced new plans at INR 349 and INR 399. On an average, Jio is offering 1GB data at INR 50, which is quite an affordable tariff.

Impact of Reliance Jio

Owing to Reliance Jio’s entry, India has made a lot of progress in terms of data usage. Some of the statistics and facts to back this up are as follows:

  • India is the biggest data consumption hub for websites like WhatsApp, Facebook, Google, and YouTube, among others
  • Facebook and Google have added 70 million users after Jio’s launch
  • India consumes over 100 crore gigabytes of data and streams videos up to 165 crore hours, every month
  • The country makes voice calls of around 250 crore minutes every day
  • India’s broadband subscriber base was 282 million on 30th June 2017 as against 154 million on 31st August 2016

Reliance Jio Phones

Mukesh Ambani led Reliance Jio offers a range of smartphones under its brand, LYF. They are categorized into Earth, Flame, Wind, and Water series. The prices of the devices start from INR 2,999 and go up to INR 19,999.

The company has recently announced the first-of-its-kind 4G VoLTE feature phone. The JioPhone allows users to access the Internet and make free voice calls. Priced at INR 1,500, the phone received around six million pre-registrations in a single day. It is expected to reach stores by the end of September.


Reliance Jio completed one year since its launch, which was on 5th September 2016.

RIL Becomes the Most Honored Company while Jio Offers Discounts on its Smartphones

July 19, 2017

Mukesh Ambani’s Reliance Industries Limited (RIL) has added another recognition to its growing list of awards. The company was recently given the title of the Most Honored Company for 2017 in the oil and gas sector in Asia.

Institutional Investor Magazine survey

The survey was taken by Institutional Investor Magazine. The magazine took feedback from top fund managers and analysts from the buy side as well as the sell side. RIL’s Srikanth Venkatachari, the Joint Chief Financial Officer (CFO) and Alok Agarwal, the CFO of RIL were voted as the third best in the Best CFO category. Hemen Modi, the Head of Investor Relations at RIL was ranked as the second highest person in the Best Investor Relations Professional category.

About Institutional Investor Magazine

The Institutional Investor Magazine is a financial publication. The magazine has a global circulation of around 115,000 and publishes two editions—an American edition and an International edition. The magazine also offers propriety research, ranking, and a host of other important financial information.

About RIL

RIL is a conglomerate of a number of companies whose activities include petrochemicals, refinery, lifestyle products, telecommunications, and more. It is the largest private sector corporation in India. It is also a Fortune 500 company. The company was founded by Dhirubhai Ambani and its current chairman is Mukesh Ambani.

Apart from its oil and gas company, RIL’s telecom arm, Reliance Jio Infocomm is also doing well in the Indian telecom market.

Jio’s new plans

The new Jio Dhan Dhana Dhan plan announced by the telecom company is 33 percent costlier than the previous one. However, to save customers from disappointment, the company has decided to greatly decrease the prices of its LYF branded phones.

Prices of LYF phones

Mukesh Ambani led Reliance Jio has made its LYF smartphones cheaper by up to 60 percent. All LYF smartphones are 4G-enabled. Here is a list of how much the smartphones cost now and how much you will be able to save by buying them at a discounted price:

  • LYF F1 Black

Originally priced at INR 16,499, the phone now costs INR 9,499. This means that you will be able to save INR 7000 due to the 42 percent discount.

  • LYF F1S Black

Originally priced at INR 20,249, the phone now costs INR 9,499. This means that you will be able to save INR 10,750 due to the 53 percent discount.

  • LYF Water 1 White

This smartphone happens to be the best deal on the website. Originally priced at INR 17,399, the phone now costs INR 6,898. This means that you will be able to save INR 10,501 due to the 60 percent discount.

  • LYF Water 11 Gold

Originally priced at INR 11,699, the phone now costs INR 7,249. This means that you will be able to save INR 4,460.

There are discounts available on other smartphones, too on the official Jio and LYF websites.


Reliance Industries Limited (RIL) was recently awarded the title of the Most Honored Company by the Institutional Investor Magazine. Apart from this, its telecom arm, Reliance Jio is offering heavy discounts on its LYF branded smartphones.

Jio is Helping 4G Growth and Making India the Largest Mobile Data User

June 22, 2017

Reliance Jio Infocomm is the telecom arm of Reliance Industries Limited (RIL) led by Mukesh Ambani. According to experts in the industry, Reliance Jio is driving the growth of 4G in India. In a televised conference, Chairman Mukesh Ambani remarked that India is the top-ranked country in terms of mobile data usage.

How is Jio helping 4G growth?

The Japanese company, Rohm is of the opinion that Reliance Jio is paving the way for India’s 4G growth. According to Daisuke Nakamura, the Managing Director of Rohm, 4G has been introduced into the world a while ago, but because of service providers like Reliance Jio, India has the fastest rate of growth of 4G mobile data.

He is of the opinion that 4G is the best solution for non-urban areas in India to get access to high-speed Internet since broadband is currently only limited to urban cities. To get a 4G connection, 3G and 2G infrastructure just need to be upgraded. He believes that this is more feasible than setting up the broadband infrastructure.

Statistics shared by Mukesh Ambani

Mukesh Ambani shared some statistics regarding Reliance Jio and the Indian telecom sector in a conference held in February 2017. Some of these are as follows:

  • India is the leading country in terms of mobile data usage.
  • Reliance Jio users are consuming data in excess of 100 crore GB every month.
  • Users on the Jio network are consuming data that is in excess of 3.3 crore GB per day.
  • Last year, India held the 150th position world over in terms of broadband penetration.
  • Users of Reliance Jio have made video and voice calls of more than 200 crore minutes
  • Reliance Jio subscribers utilize as much data as the United States of America, collectively.
  • Jio users consume around 50 percent more mobile data than China.
  • In a period of mere six months, India has adopted digitization much faster than any other country.
  • Reliance Jio has become the largest mobile video networks world over.

About Reliance Jio

Reliance Jio was launched by Mukesh Ambani on 5th September 2016. The launch was done with introducing the ‘Welcome offer’ that allowed subscribers to use Jio’s 4G services for free for a period of three months. After the expiration of this offer, another one called the ‘Happy New Year Offer’ was introduced that extended these free benefits for another period of three months. In 170 days, Jio gained 100 million customers. According to Mukesh Ambani, this was an unparalleled level of embracing of any technology that has never been seen before.

Mukesh Ambani has shared that Reliance Jio has the most number of 4G base stations in the Indian telecom space. Jio alone has twice the number of 4G base stations than all the other telecom operators combined.

Apart from this, in a couple of years, Reliance Jio is aiming to increase its data capacity to double its current capacity.


Rohm stated that Reliance Jio is driving the 4G growth in India. Besides, India is now using the highest amount of mobile data in the world, according to Mukesh Ambani.

Reliance Industries and BP to Invest USD 6 Billion in Three Projects

June 16, 2017

Reliance Industries Limited (RIL) and BP Plc. (BP) have announced that they are going to invest INR 40,000 crore or USD 6 billion in three projects over a three- to five-year period.

About the project

The project aims to develop discoveries in the deepwater gas fields in the Krishna-Godavari (KG) basin. The first project will be for the R-series (D34). This project is a dry gas development in water that is deeper than 2000 meters. It is around 70 kilometers off shore. The two companies will develop the fields as a subsea tieback to the present riser and control platform off block KG-D6.

It is expected that the project will produce 12 million cubic meters per day. Contracts for the development of the fields will be awarded soon.

The implementation of the other two projects in the KG-D6 block is subject to the necessary regulatory and government approvals. RIL and BP are planning to submit their plans to the government for approval before 2017 ends.

Mukesh Ambani, the Chairperson and Managing Director (MD) of RIL said that the companies have an arbitration pending with the government. He also said that they will follow the normal course of law. He is sure that this will not come in the way of their investment and will have a fair outcome.

All three projects together are expected to bring on-stream about 30 to 35 million cubic meters or one billion cubic feet of gas per day during the years between 2020 and 2022.

RIL and BP partnership

RIL and BP partnership began when BP acquired a 30 percent stake for USD 7.2 billion in 21 gas and oil production-sharing contracts controlled by RIL, in 2011. The companies are also working together to expand their partnership and develop unconventional mobility solutions to address the digitization, electrification, and disruptive mobility trends.

At present, RIL owns 60 percent stake and BP owns 30 percent stake; while Canada-based Niko Resources Limited owns the remaining 10 percent of the KG basin.

Impact on Indian fuel market

The production from this development is expected to reduce India’s import dependence on gas by over 10 percent in 2022. According to Mukesh Ambani, the demand for fuel in India is expected to grow by about five to seven percent every year over the next decade.

Effect of the projects on shares

Most experts feel that the above projects are better for long-term outcomes. According to AK Prabhakar, Head of Research at IDBI Capital, such projects take time to deliver a positive Return on Equity (RoE).

Ambareesh Baliga, an independent market analyst was of the opinion that while RIL’s shares will not shoot up as it has been doing during the market decline in the recent past, the shares of the company may touch INR 1,500 in the next one to two years.

On 15th June 2017, the shares of oil market companies slipped up to 5 percent due to the expectation of fierce competition.


Reliance Industries Limited (RIL) and BP Plc. will invest USD 6 billion in three projects for developing discoveries over a three- to five-year period.

Reliance Jio to Launch New 4G Feature Phones

June 9, 2017

There have been rumors since January that Mukesh Ambani led Reliance Jio is going to release a 4G feature phone in the market, soon.  A recent report by 91mobiles revealed that Reliance Retail, the company that owns the LYF range of phones will be releasing two variants of the new 4G feature phone.

Specifications of the new phones

According to the report, the phones will be 4G VoLTE-enabled feature phones. They will come bundled with a new Reliance Jio 4G SIM card and Jio apps. There will be two variants of the phone. The first is a model with a Qualcomm chip while the second variant has a Spreadtrum chip.

Both phones have an alphanumeric keyboard below a 2.4-inch screen. The phones also have a 512 MB RAM, 4 GB internal storage that is expandable with a microSD card, a 2 MP rear camera, and a front Video Graphics Array (VGA) camera. The phones are also said to have Wi-Fi, Near Field Communication (NFC), and Global Positioning System (GPS) although nothing yet has been said about the wireless tethering option. Besides, the phones will have dedicated buttons for Jio apps like MyJio, JioCinema, JioTV, and JioMusic.

Price of the new phones

The model with the Qualcomm chip will cost around INR 1,800 or USD 28. The model with Spreadtrum chip will be a little cheaper at around INR 1,740 or USD 27. However, the company is planning to initially offer the phones at a subsidy. It is expected that the cost of the phones will range from INR 999 to INR 1,500 in the initial period.

Why is Jio launching feature phones?

With the 4G-enabled VoLTE feature phones, Reliance Jio is hoping to penetrate the rural market and attract users of low-end phones, who want high-speed internet. The telecom operator, who managed to acquire a customer base of over a 100 million subscribers in the first six months of its launch, has decided to go after the untapped rural segment for its future growth.

India’s mobile market is largely skewered towards feature phones instead of smart phones. As per research conducted by CyberMedia Research (CMR), 59 percent of the entire mobile market in India is dominated by feature phones. Thus, Reliance Jio has moved towards the segment of feature phones.

About 91mobiles and CMR

91mobiles is an online gadget research site. It offers latest news, tools, and reviews to users and helps them find gadgets that best suit their needs.

CMR is a market research, advisory, and consulting company. It is a member of the Market Research Society of India.

About Reliance Jio

Mukesh Ambani led Reliance Jio is the telecom subsidiary of Reliance Industries Limited (RIL). During its launch in 2016, Reliance Jio offered customers services for free via its Welcome offer and then its Happy New Year offer. This helped the company to increase its user base to over a 100 million. Post that, it started charging a very low price for its services.


Reliance Jio is all set to launch two new feature phones to expand its user base.

Mary Meeker Report Highlights the Role of Jio in Driving Indian Internet Growth

June 2, 2017

The 2017 edition of the Mary Meeker Annual Internet Trends Report claims that Mukesh Ambani led Reliance Jio has played an important part in increasing Internet usage among Indians. With 355 million Internet users, India comes second in the world after China. The report also suggests that this 355 million equals to only 27 percent of population penetration, which means that there is still a lot of scope for increasing the number of Internet users and thus making it a lucrative market.

The report claims that despite Jio’s breakneck rapid growth has slowed down ever since the telecom provider has started charging for its services in 2017, there has been a surge in the Internet usage by Indian consumers. There are two reasons being attributed to this:

  • Firstly, there has been a trend of smart phone prices declining over the years making them more affordable.
  • Secondly, there has been a fall in Internet prices due to the price wars that started when Jio entered the telecom market.

How Jio conquered the market?

According to the Mary Meeker report, the cost of offering a 1 GB data plan per month is approximately INR 123 or around INR 1,482 on an average for 12 months. According to international standards, this cost is below the affordable limit of the Internet.

In September 2016, when Jio launched its services, it offered customers 4 GB data per day for free till December 2016. Post that, Jio rolled out its ‘Happy New Year’ plan, where consumers were offered 1 GB data per day for free. This is what forced other telecom operators to lower their data costs.

In March 2017, Jio announced its Jio Prime plan where consumers had to begin paying for data. However, the average cost per GB of data was still very low at around INR 11 per GB. This was much cheaper than what the other big players in the market were offering.

In February 2017, Jio announced that it had crossed the 100 million subscriber mark and as per figures recently released by the company, 72 million customers have enrolled in Jio’s Prime plan. With this, Jio has cornered around 39 percent of the mobile broadband market in India and 79 percent of the total Internet traffic. Besides, according to Mukesh Ambani, the Chairman of the company, every month, Jio subscribers were using 100 crore GB of data during that time.

About Reliance Jio

Reliance Jio Infocomm is a subsidiary of Reliance Industries Limited (RIL). The telecom company is currently headed by Mukesh Ambani. It was launched in September 2016 and has since then witnessed rapid growth.

After conquering the Indian mobile broadband market, Jio is now planning to roll out its fixed line broadband service by Diwali 2017. The company will offer high-speed broadband Internet at attractive prices.


According to the Mary Meeker Annual Internet Trends Report, Reliance Jio has helped in the significant growth of Indian Internet through its affordable plans and offers.