Only India’s richest man could afford to offer free 4G services to millions of users — and Mukesh Ambani just did that.
The Chairman and managing director of Reliance Industries announced on Thursday that his phone company, Reliance Jio, will extend its current three-month offer of free 4G LTE services for another quarter.
This means new and the existing 52 million Jio customers will get free 4G connectivity until March 31, 2017.
The free services include unlimited free voice calls, 1GB of 4G LTE data every day, access to public Wi-Fi hotspots spread across the country as well as video-on-demand services. Read more…
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“Today, India is ranked 155th in the world for mobile broadband Internet access, out of 230 countries. Jio is conceived to change this. I have no doubt that with the launch of Jio, India’s rank will go up to among the top ten. 1.2 billion Indians cannot be left behind as the world enters a new era.” With these words, India’s richest man Mukesh Ambani commercially launched Jio, the world’s first 4G LTE only network.
Fast forward three months later, Jio already claims to have more than 50 million subscribers, adding nearly half-a-million subscribers every day or over 400 subscribers every minute. Read more…
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