Billionaire Mukesh Ambani will re-enter
the telecom business with a Rs. 4,000
smartphone by December, offering voic
and data services for as low as Rs. 300
Rs 500 per month.
Reliance Jio Infocomm, which will
commercially launch 4G services by
December, has the largest footprint of
liberalised spectrum in the country,
acquired at a cost of Rs. 34,000 crore.
Speaking at annual shareholders meeti
of Reliance Industries (RIL), Ambani sai
ensuring availability of affordable 4G
smartphones has been one of the
topmost priorities for Jio.
"The combination of Jio's strong
initiatives and a supportive global
environment, gives me the confidence
that we will see 4G LTE smartphones in
India at prices below Rs. 4,000 by
December of this year," Ambani said.
Jio plans to offer telecom, high speed
data, digital commerce, media and
payment services for about Rs. 300 to
500 per month.
"In our digital business, our plan is to
provide the same power of computing,
communication and information to ever
individual, whether in towns or rural
areas, that the US President had ten to
fifteen years ago. All this at about Rs.
300 to Rs. 500 per month," the Chairma
of RIL said.
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the telecom business with a Rs. 4,000
smartphone by December, offering voic
and data services for as low as Rs. 300
Rs 500 per month.
Reliance Jio Infocomm, which will
commercially launch 4G services by
December, has the largest footprint of
liberalised spectrum in the country,
acquired at a cost of Rs. 34,000 crore.
Speaking at annual shareholders meeti
of Reliance Industries (RIL), Ambani sai
ensuring availability of affordable 4G
smartphones has been one of the
topmost priorities for Jio.
"The combination of Jio's strong
initiatives and a supportive global
environment, gives me the confidence
that we will see 4G LTE smartphones in
India at prices below Rs. 4,000 by
December of this year," Ambani said.
Jio plans to offer telecom, high speed
data, digital commerce, media and
payment services for about Rs. 300 to
500 per month.
"In our digital business, our plan is to
provide the same power of computing,
communication and information to ever
individual, whether in towns or rural
areas, that the US President had ten to
fifteen years ago. All this at about Rs.
300 to Rs. 500 per month," the Chairma
of RIL said.
Read More Here
