Photos: Images from the Reliance Industry's AGM, August 12 2019:
August 13 2019: Announcements made by Reliance Industries Chairman Mukesh Ambani at the company's AGMK in Mumbai yesterday:
Jio has crossed the 340 million subscriber mark to remain the world's fastest growing digital services company. It is India's largest telecom enterprise in terms of subscribers, revenues and profits and is signing up more than 10 million new customers every month.Earlier this year RIL acquired controlling stakes in three leading Cable MSOs – Hathway, DEN and GTPL who have direct relationships with over 30,000 Local Cable Operators .
Starting September 5 - on the 3rd anniversary of JIO's launch, Reliance is launching JIOFIBER services on a commercial basis. JioFiber plans will be priced between Rs 700 to Rs 10,000 per month to suit every budget and every need. Voice calls from HOME to any Indian operator - mobile or fixed - will be free forever.
On Fixed-Line International Voice Calling Jio announced lowest fixed line rate through 2 initiatives.
First, the default tariffs on your Jio HOME PHONE will be one-fifth to one-tenth of existing industry tariffs.
Second, we are announcing an unlimited international calling pack at ` 500 per month, to US and Canada, thereby making it easy for families to connect.
Premium JIOFIBER customers will be able to watch movies in their living rooms the same day these movies are released in theatres! This is called JIO FIRST-DAY-FIRST-SHOW and will be launched in mid 2020..
JIOFIBER customers who opt for their annual plans called JIO-FOREVER , will get an HD OR 4K LED TV and a 4K set top box free under the Jio Fiber Welcome offer
For SMEs and startups:
Over the next 12 months, JIO will install across India one of the largest blockchain networks in the world with tens of thousands of nodes operational on day one. To run their business, a bundle of connectivity, productivity and automation tools costs a micro and small business between ` 15,000 and ` 20,000 per month currently.For a similar service, customers abroad pay over 1,000 Dollars per month.
Jio is giving these applications along with our connectivity to small businesses for 1/10th the cost starting at Rs 1,500 per month.