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Reliance Jio Launch Live Blog: Mukesh Ambani to make major announcements at RIL AGM

Reliance Industries chairman Mukesh Ambani is all set to address the company's Annual General Meeting (AGM) later today. He is likely to make some key announcements about commercial launch plans of Reliance Jio, tariff plans and more. We will be covering the event live. Stay tuned for timely updates.

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Reliance Jio is undoubtedly one of the biggest projects of Reliance Industries, which aims to bring a new digital revolution in India. It’s been nearly a year since the company started testing the services internally with RIL employees, and then slowly expanded the network testing to everyone. Today, Reliance Industries is holding its annual general meeting (AGM) where the company’s chairman Mukesh Ambani  is expected to make some crucial announcements related to commercial launch plans of Reliance Jio 4G services. Hit the read more link to follow the live updates.

So far, the company has rolled out its ‘Preview Offer’ for LYF branded smartphones sold by its retail arm, Reliance Digital. Under this offer, users could avail unlimited internet, HD voice and video calling and access to Reliance Jio’s app ecosystem for content based services such as live TV, on-demand movies, online radio and music streaming, cloud storage service and more for a period of 90 days. The Preview Offer has also been expanded to all major 4G smartphones, where users can generate a code using MyJio app, submit KYC documents at the Reliance Digital or Digital Xpress Mini stores and avail the free SIM card.

Now, at today’s AGM, the company chairman could offer more insights and results of its trial run. He may also announce full commercial rollout plans and most importantly, the tariff plans for voice, data and content services. Other details such as number of existing subscribers, the target Reliance Jio seems to achieve, the future of LYF branded smartphones, amount of data consumed by preview users, network test speed results and the type of content services most accessed by users could also be announced. For more details about the announcements, follow the live blog below.

Rajat Agrawal September 1, 201612:16 pm

And that’s all folks! You can check out our detailed coverage of all the announcements made today.

Rajat Agrawal September 1, 201612:15 pm

Ambani also appealed to existing carriers to fulfill their obligation to provide enough points of interconnect.

Rajat Agrawal September 1, 201612:12 pm

And finally, the target is to have 100 million subscribers in the shortest time.

Rajat Agrawal September 1, 201612:12 pm

Jio will have special plans for enterprises and platinum customers.

Rajat Agrawal September 1, 201612:11 pm

Jio is also getting into the FTTH business. Will provide wired broadband connections up to 1Gbps in select cities, will eventually bring it to India’s top 100 cities.

Rajat Agrawal September 1, 201612:10 pm

Jio is also launching Wi-Fi hotspots across the country. To have a million hotspots by next year. Also connecting schools and colleges with Wi-Fi hotspots.

Rajat Agrawal September 1, 201612:09 pm

Students with valid student ID cards would get 25 percent extra data on every tariff plan.

Rajat Agrawal September 1, 201612:09 pm

Reliance Digital has also launched a 4G LTE smartphone for Rs 2,999. The JioFi router is now priced at Rs 1,999.

Rajat Agrawal September 1, 201612:07 pm

There will be no charges for roaming within India.

Rajat Agrawal September 1, 201612:07 pm

All tariff plans will come with free data usage at night.

Rajat Agrawal September 1, 201612:07 pm

All tariff plans come with free access to all Jio apps and services.

Rajat Agrawal September 1, 201612:07 pm

Tariff plans start from Rs 149 and go up to Rs 4,999.

Rajat Agrawal September 1, 201612:06 pm

In terms of tariffs, Jio will not charge anything for voice calls and text messages. Data tariffs will be 5 paise per MB or Rs 50 per GB.

Rajat Agrawal September 1, 201612:06 pm

Existing Jio users will have unlimited usage access till December 31, 2017.

Rajat Agrawal September 1, 201612:05 pm

To recap, commercial Jio operations will go live on September 5 for everyone. In Delhi and Mumbai, those with Aadhaar cards will be able to get their connections activated in 15 minutes with e-KYC. New users will get unlimited access to all services till December 31.

Rajat Agrawal September 1, 201612:04 pm

And that’s a wrap on the Jio announcements.

Maitrayee Iyer September 1, 201612:04 pm

Rajat Agrawal September 1, 201612:02 pm

From the 5th of September, India will change for ever!

Rajat Agrawal September 1, 201612:02 pm

With Jio, life is beautiful.

Maitrayee Iyer September 1, 201612:02 pm

Rajat Agrawal September 1, 201612:00 pm

Existing carriers have an obligation to provide enough points of interconnect to all carriers. Appeal to existing carriers to provide them.

Rajat Agrawal September 1, 201611:59 am

Incumbents have a significant advantages — existing network infrastructure and user base. Asks them not to create artificial hurdles for new entrants with insufficient interconnect ports. In the last week alone our subscribers faced 5 crore call drops because of that.

Rajat Agrawal September 1, 201611:57 am

A message for existing Indian telcos. Mukesh Ambani seeks healthy competition and inspire each other even more to serve Indians.

Rajat Agrawal September 1, 201611:56 am

Along with our partners, the Jio family has 50 lakh members.

Rajat Agrawal September 1, 201611:56 am

Across India we have 5 lakh channel partners.

Rajat Agrawal September 1, 201611:55 am

I want Jio to deliver the highest quality data network in the world for each of our customers.

Rajat Agrawal September 1, 201611:55 am

I have set a new target for them, acquire 100 million customers in the shortest time. I expect this to translate into data usage of 250 crore GB a month.

Rajat Agrawal September 1, 201611:55 am

I have always set impossible goals for the Jio team. They have exceeded them, always.

Rajat Agrawal September 1, 201611:52 am

The average age of employees at Jio is 30. Jio is the creation of the young, by the young and for the young.

Rajat Agrawal September 1, 201611:52 am

Jio also has plans around ecommerce, education, healthcare and other areas.

Rajat Agrawal September 1, 201611:51 am

Jio Digital Startup Fund has set aside Rs 5,000 crore over next five years to help Indian startups.

Maitrayee Iyer September 1, 201611:50 am

Rajat Agrawal September 1, 201611:50 am

Jio is also bringing FTTH in select cities and bring 1Gbps connections. Will bring it to top 100 cities eventually. Also offer multi-gigabit connections to enterprises.

Rajat Agrawal September 1, 201611:49 am

And finally, the Welcome Offer will help Jio get feedback from customers.

Rajat Agrawal September 1, 201611:48 am

This will also help Jio test its network stability. He talks about the interconnect issue with other carriers.

Rajat Agrawal September 1, 201611:48 am

Every Indian will get to experience and get comfortable with Jio’s services. They will also be able to experiment and learn the internet.

Maitrayee Iyer September 1, 201611:47 am

Rajat Agrawal September 1, 201611:47 am

Why are we doing this? With this every Indian will get a chance to experience data services.

Rajat Agrawal September 1, 201611:46 am

From September 5, Jio’s entire range of services — voice, data, apps — will be available to everyone for free till December 31, 2016. We are calling it Jio Welcome offer.

Maitrayee Iyer September 1, 201611:46 am

Rajat Agrawal September 1, 201611:45 am

There is one more thing we are announcing today!

Rajat Agrawal September 1, 201611:45 am

Mukesh Ambani is now recapping all the announcements.

Maitrayee Iyer September 1, 201611:45 am

Rajat Agrawal September 1, 201611:44 am

Jio is also keeping in mind enterprises and platinum customers. Jio will partner with all segments of enterprises. Jio is partnering with a number of premium technology brands. There are also high-end plans for best international roaming rates, access to global content, better indoor coverage, concierge services and much more. Will be revealed in the coming weeks.

Maitrayee Iyer September 1, 201611:43 am

Rajat Agrawal September 1, 201611:42 am

Jio is connecting majority of schools and colleges with Wi-Fi.

Rajat Agrawal September 1, 201611:41 am

Any student with a valid student ID card will get 25 percent more data on Jio’s tariff plans.

Rajat Agrawal September 1, 201611:40 am

Now Indians would no longer have to turn off data on their phones.

Rajat Agrawal September 1, 201611:40 am

All plans come with unlimited access to all Jio apps.

Rajat Agrawal September 1, 201611:39 am

All plans come with unlimited voice calls and SMS. Jio subscribers won’t have to pay for these ever!

Rajat Agrawal September 1, 201611:39 am

Will deploy nearly 1 million Wi-Fi hotspots by middle of next year. Basically using Wi-Fi as backhaul to reduce network congestion.

Rajat Agrawal September 1, 201611:38 am

Unlimited data usage during night time, when the network is idle.

Rajat Agrawal September 1, 201611:37 am

No strings attached plans.

Rajat Agrawal September 1, 201611:36 am

The plans range from Rs 150/month to Rs 5,000 a month.

Rajat Agrawal September 1, 201611:36 am

Time for Jio’s launch tariffs.

Rajat Agrawal September 1, 201611:35 am

Today for all our customers, we will also remove the following pain points — No more blackout rates! The same rates for SMS for Diwali.

Rajat Agrawal September 1, 201611:34 am

Our third principle is the pricing structure should be simple for anyone to understand. There are over 22,000 plans in the market. Jio will only have 10 plans.

Maitrayee Iyer September 1, 201611:34 am

Rajat Agrawal September 1, 201611:33 am

I believe these are the absolute lowest data rate anywhere in the world.

Rajat Agrawal September 1, 201611:33 am

The current market practice is to charge a base rate of Rs 4,000-Rs 10,000 a GB. Jio will charge a tenth of it. We will charge only 5 paise an MB or Rs 50 a GB. The more data you use the lower the rate.

Rajat Agrawal September 1, 201611:32 am

I believe Jio customers should be the first to get benefits of technology.

Rajat Agrawal September 1, 201611:32 am

Second principle is data should be affordable.

Rajat Agrawal September 1, 201611:31 am

Jio will put an end to domestic voice call charges in India.

Maitrayee Iyer September 1, 201611:31 am

Rajat Agrawal September 1, 201611:31 am

In the spirit of One India, roaming charges will also be zero across India.

Rajat Agrawal September 1, 201611:31 am

The era for paying for voice calls is ending. No Jio customer will pay for voice calls across India on any network.

Maitrayee Iyer September 1, 201611:30 am

Rajat Agrawal September 1, 201611:30 am

1. Customers should pay for just one service — either voice or data. All voice calls for Jio customers would be absolutely free!

Rajat Agrawal September 1, 201611:30 am

We are prepared to change the industry for tariffs. Built on three principles.

Maitrayee Iyer September 1, 201611:29 am

Rajat Agrawal September 1, 201611:29 am

We want to transform the entire experience for customers.

Rajat Agrawal September 1, 201611:29 am

We are making it all digital. Starting with e-aadhaar in Mumbai and Delhi. Will expand across in India in a few weeks. We will have a capacity to onboard a million customers daily. To enable customers with Aadhaar card to walk out of a Reliance Digital stores in 15 minutes.

Maitrayee Iyer September 1, 201611:28 am

Rajat Agrawal September 1, 201611:27 am

Many of our subscribers had to wait for hours and even overnight to get their services activated. This is not acceptable.

Rajat Agrawal September 1, 201611:26 am

Jio apps bouquet worth Rs 15,000 will be available for free for all existing Jio members till December 31, 2017!

Rajat Agrawal September 1, 201611:25 am

Jio Cinema brings the cinema theatre on your fingertips.

Rajat Agrawal September 1, 201611:25 am

With JioTV, any time is prime time. You can watch 300 channels live and access a week’s content on all of these.

Rajat Agrawal September 1, 201611:24 am

Now talking about apps.

Rajat Agrawal September 1, 201611:24 am

We are ensuring that entry price is affordable for all users.

Rajat Agrawal September 1, 201611:24 am

JioFi hotspot router now available at Rs 1,999!

Rajat Agrawal September 1, 201611:23 am

Today, we are offering a 4G LTE smartphone for Rs 2,999.

Rajat Agrawal September 1, 201611:22 am

Now talking about devices. Almost 70% of smartphones sold in India support 4G networks.

Rajat Agrawal September 1, 201611:22 am

Will transform India from one of the highest price data market into one of the lowest in the world.

Rajat Agrawal September 1, 201611:22 am

Jio is the only network seen as a mobile video network from the ground up. Will evolve into VR and AR applications. Is future ready.

Rajat Agrawal September 1, 201611:20 am

Jio is an oly 4G LTE network. In fact, it is the largest 4G LTE only network in the world. We have deployed the largest VoLTE network.

Rajat Agrawal September 1, 201611:20 am

Today, Jio’s network already covers 18,000 cities and towns and 2 lakh villages. By March 2017 will cover 90 percent of the population.

Rajat Agrawal September 1, 201611:19 am

The all IP-design also makes Jio’s network most extensive and future-proof network in the world. It is a network built for an ever-increasing usage of data.

Rajat Agrawal September 1, 201611:18 am

Most carriers have not built their networks for data. They were built for voice and have been retrofitted to enable data services. These legacy telcos are inefficient and slow. Unable to take on the explosion of data growth. Jio is an all IP-network,

Rajat Agrawal September 1, 201611:17 am

Jio will work on 5 pillars. Ensure Indians have most high quality data services with highest capacity. A world of affordable 4G and IP smartphones. Suite of apps. A range of services. Affordable and simple to understand tariff plans.

Rajat Agrawal September 1, 201611:14 am

Data should never be unaffordable. Jio is more than just business for us.

Rajat Agrawal September 1, 201611:13 am

Data is the oxygen for digital life.

Rajat Agrawal September 1, 201611:13 am

We called it Jio because jio means to live. There is nothing more important than living.

Rajat Agrawal September 1, 201611:13 am

1.2 billion Indians cannot be left behind in the digital era. An opportunity to transform India.

Rajat Agrawal September 1, 201611:12 am

Today India is ranked 155 in the world for mobile, broadband and digital access. With Jio, I have no doubt that India’s rank will reach the top 10.

Rajat Agrawal September 1, 201611:11 am

I believe in the next 20 years in the human civilization we will collectively achieve more than what we have in the last 300 years.

Rajat Agrawal September 1, 201611:11 am

The world is at the beginning of a digital revolution. Everything that can go digital is going digital — information, manufacturing, entertainment…

Rajat Agrawal September 1, 201611:10 am

Why did we call our venture Jio? Why is our moto “Jio digital life”?

Rajat Agrawal September 1, 201611:10 am

Dedicates the commencement of Jio for the PM’s vision for Digital India.

Rajat Agrawal September 1, 201611:09 am

Let me begin my words with a dedication. “In the journey of life comes a few life changing moments. Jio is dedicated to realizing our PM’s vision for 1.2 billion people.”

Rajat Agrawal September 1, 201611:07 am

Ambani calls Jio the biggest investment in the history of RIL.

Rajat Agrawal September 1, 201611:05 am

He is introducing the board but everyone knows what the big announcement is today!

Rajat Agrawal September 1, 201611:03 am

Mukesh Ambani is on stage. “Today we will write history in India,” he says.

Rajat Agrawal September 1, 201611:01 am

Of course, other carriers aren’t pleased with Jio’s “Preview Offer” which they claim is a commercial launch in all aspects.

Rajat Agrawal September 1, 201610:59 am

Reports suggest that Jio already has over 2.5 million subscribers thanks to its preview offer that gave users truly unlimited usage for 90 days. However, in the past few days it has opened the preview offer for most major smartphone brands, which would suggest the actual number of users could be much higher.

Rajat Agrawal September 1, 201610:55 am

Jio has started a major price war for 4G data with its preview offer, forcing incumbent carriers like Airtel, Vodafone and Idea to slash their price offering.

Rajat Agrawal September 1, 201610:53 am

Apart from getting clarity on the launch date, the entire industry is waiting for Jio to reveal its tariff plans.

Ritesh Bendre September 1, 201610:49 am

Besides the launch date for Reliance Jio, we also expect to hear about the preview offer being extended to one year for LYF smartphone users. Imagine one year of unlimited usage!

Ritesh Bendre September 1, 201610:47 am

What started out as an exclusive offer for Reliance Digital’s LYF smartphone users, has fast expanded to nearly 250 4G smartphones from 19 companies.

Ritesh Bendre September 1, 201610:44 am

Reliance Jio has fast become the talk of the town thanks to its 90-day unlimited preview offer.

Ritesh Bendre September 1, 201610:42 am

If all the rumors are true, today is the day when Mukesh Ambani will announce a commercial launch date for the much-awaited Reliance Jio.

Ritesh Bendre September 1, 201610:40 am

We are less than 30 minutes away from the 42nd AGM of Reliance Industries. Numerous reports claim that this could be one of the biggest AGMs for RIL.

  • Published Date: September 1, 2016 10:30 AM IST
  • Updated Date: September 1, 2016 10:35 AM IST