Reliance Industries chairman Mukesh Ambani will address the organization’s Annual General Meeting (AGM) on July 21, and the occasion will officially start at 11.00 a.m. The AGM will see Ambani make bulletins around RIL’s (Reliance Industries Limited) key groups, such as Reliance Jio. Now, it’s anticipated that there might be at least one “customer-centric” announcement by Ambani on occasion. There’s a hypothesis that this may be a statement around the Jio LYF logo 4G VoLTE feature cell phone.
In the past couple of weeks, numerous reports have mentioned Jio’s upcoming 4G VoLTE feature smartphone, which, if launched, ought to improve the organization’s person base in India notably. Reliance Jio has over a hundred twenty million subscribers in its 4G VoLTE community, and with the absence of 2G or 3G help, it far lacks a massive bite of the consumer base.
Reports in Business Standard have indicated that Foxconn is producing the Reliance Jio 4G VoLTE feature smartphone. Meanwhile, the Economic Times has quoted Intex as announcing they are working with Reliance Jio on the feature phones, and those will come bundled with the services. A report on Gadgets360 NDTV stated that Jio’s characteristic smartphone would run KaiOS, a forked version of Firefox OS, and it would have its own personal app shop.
Reliance Industries, which declared their results the previous day, also stated that Jio’s LYF logo sold over 1.5 million devices and add-ons in Q1 of 2017. Jio has been imparting discounts on LYF-branded telephones on its website.
10:59 am: RIL has a stay feed of the AGM on its YouTube channel. The Jio YouTube channel will also have a live movement for the same. 11.00 am: RIL chairman Mukesh Ambani starts to speak to me at the AGM. Says RIL has long gone from being a small startup to one of the most important, most popular corporations globally in just forty years. “From a textile corporation, we’ve created a couple of boom engines.”
11.03 am: “Our turnover has grown from 70 crores to a few lakh, thirty thousand crores these days in the final 40 years.” The net income of RIL is 30,000 crores, from 30 crores almost 40 years in the past.
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11.08 am: RIL now employs 250,000 humans, all internationally. Used to have 3500 personnel in 1977.
11.09 am: “I want to dedicate these achievements of 40 years to our founder chairman, Shri Dhirubhai Ambani.”
11.11 am: Ambani starts AGM by speaking about Reliance Jio. “Jio has damaged one world record after every other.”
11.12 am: Reliance Jio over-added the hundred million objectives, says Ambani. In much less than a hundred and seventy days, 100 million customers on Jio carrier. On average, Jio delivered seven clients in line with 2nd every unmarried day.
11.13 am: This is a testimony of Indians’ trust in Jio: Mukesh Ambani. Jio has one hundred twenty-five million clients.
11.14 am: We proved skeptics wrong. People had stated VoLTE is an unproved generation, but we proved them incorrect with Jio: Mukesh Ambani.
11.15 am: Jio users make 250 crore minutes of voice name every day, says Mukesh Ambani. Thanks, PM Modi, for Digital India as nicely.
11.16 am: In India, statistics consumption went from 20 crore GB in line with the month to one hundred twenty crore GB in keeping with the month. Jio customers include over one hundred twenty-five crore GB of facts according to month. This consists of a hundred sixty-five crore hours of excessive-speed video. This makes Jio the biggest mobile video community in the world. India has overtaken China and the US in cellular data utilization.
11.18 am: India is the number one in mobile broadband penetration after the release of Reliance Jio.
11.20 am Starting in March, Jio took the biggest unfastened to paid migration. We now have a hundred million paid clients who’ve spent more than Rs 309 recharge. Jio Prime participants will get special tariffs and benefits, says Mukesh Ambani.
11.25 am: India has seventy-eight crore mobile telephones, of which 50 crores are capabilities telephones. These users are disregarded of 4G VoLTE functions. Data is the oxygen of digital life, and no Indian should go through due to statistics shortage, says Mukesh Ambani.
11.26 am: Jio committed to giving up this virtual starvation, says Mukesh Ambani. I am likely to talk more about this feature of cell phones. Jio will restore this in 3 methods: Connectivity, Data Affordability, and Device availability.
11.27 am: TRAI has consistently ranked Jio because of the number one network in 4G coverage, utilization, and speeds, says Mukesh Ambani.
11.30 am: Jio will quickly cowl 99 in keeping with a cent of the population in India, says Mukesh Ambani.
11.31 am: Reliance Jio to have 10,000 greater offices. It will combine with most e-commerce structures as well.
11.32 am: “Unfair that 50 crore Indians nevertheless should pay for voice, says Mukesh Ambani. The fee is Rs 4000-Rs 8000 for each GB of records; their telephone counterparts get the information for less expensive. This makes it impossible for them to consume 2G facts,” says Ambani.
11.33 am: “Even an access-level phone expenses Rs 3000-Rs 4000, making it not possible for feature telephone customers to improve,” says Ambani. He calls it an important problem.
11.34 am: “Jio will reinvent the conventional function smartphone with a device made in India for Indians,” pronounces Mukesh Ambani.
11.35 am: Reliance JioPhone has been introduced, and that is a telephone. It looks like a characteristic smartphone, designed to be smooth to apply. Jim calls it the most intelligent, low-cost cell phone in the world.
11.37 am: JioPhone has a keyboard. Users can speak to the phone as nicely with voice instructions. It also supports all Indian languages.
11.40 am: JioPhone comes with the choice of surfing the net. The highlight of this phone is the 4G VoLTE; it has a voice command interface and springs pre-loaded with Jio’s apps loaded on it.
11.41 am: JioPhone has the 2.4-inch show and might play the JioCinema app as nicely. Users can watch films on this feature/cell phone break. It has an SOS feature, which can be activated by pressing 5.
11.43 am JioPhone to get NFC feature inside the destiny. It will help brief payments with one faucet as nicely. The software upgrade will be rolled out for this selection.
11.46 am: JioPhone is an, in reality, innovative phone, says Mukesh Ambani. All voice calls could be free on this feature phone on the Jio network. JioPhone can have a decrease in records tariffs, and this is a 4G VoLTE cell phone. JioPhone to release on August 15.
11.48 am: JioPhone to have unlimited facts at Rs 153 according to the month in this 4G VoLTe function phone/phone.
11.50 am: JioPhone will allow users to broadcast their JioTV app on their TV and the p.C. Will value Rs 309 in line with the month for this. So the JioPhone has the TV cable accent as properly to solid content. It will help antique CRT TVs as nicely. Rs 309, according to month, will let them watch 3-4 hours of video on a massive display.
11.52 am: JioPhone has two sachet plans of Rs 24 for days and Rs 54 in step with the week with identical functions.
11.53 am: Mukesh Ambani recapping all the key announcements. Jio will make certain that 4G coverage is greater than 2G coverage in the subsequent twelve months. JioPhone is the highlight right here. JioPhone users have a special plan of Rs 153 consistent with the month.
11.55 am One more factor on the AGM. The price of the JioPhone is Rs zero. However, there’s a full refundable price of Rs 1500, and the safety deposit may be claimed after 36 months, that is three ears.
12.02 pm: Pre-bookings from August 24 for the JioPhone. All JioPhones will be made in India through the quiet of the yr. 5 million JioPhones will be available weekly.
12.03 pm: Ambani calls it the subsequent big monetization opportunity for Jio. Thanks, all Jio employees, for making this a fulfillment.