Jio to destroy competition: Offers calls for free and data at Rs 50/GB

"Have always put customers first, Jio tariffs are built on three principles, customers should pay for only one service — voice or data. So all voice calls will be absolutely free," said Ambani at the the company's annual general meeting on Thursday in Mumbai, according to a report in the Indian Express.

He said, "No roaming charges across India. Data must be affordable: Jio will have a base rate which is 1/10th of market rates. 5 paise per MB, or Rs 50 per GB. More you use, the cheaper it gets. Absolutely the lowest rates anywhere in the world.” 

Discussing handsets, Ambani said, "More than 70% of all smartphones in India are 4G LTE. New Lyf devices with prices starting at Rs 2,999 and going up to Rs 5,999. 4G LTE JioFi router will be priced at Rs 1,999. We have  ensured that entry price will be low for all.

On the content front, Ambani said, "Jio TV will offer access to 300 plus channels. Jio Cinema will have a library of 6000 movies and 1,00,000 episodes of TV shows. Jio music will have 10 million songs. Jio Money will allow you to go cashless. Apps will be free for all users till December 2017."

Discussing services, Ambani said, "Redesigned sign up process will roll out in Delhi and Mumbai today and rest of India within six weeks. Capacity to aquire a million users a day. Want to make onboarding experience as simple as possible."

• Reliance JIO
• big-bang
• launch