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Reliance Jio Mukesh

After receiving a grand response for its Jio cellular service, the Mukesh Ambani-owned company is now looking forward to enlarging its involvement in Indian commercial sector and hence is going to make some major announcements today.

Reliance Jio, on this weekend, informed the media about its plan to embark on some major industries of India and reported to arrange a video speech today at 1.30 PM.

Though the announcement would not source directly from Reliance’s Chairman Mukesh Ambani, a senior official of RIL confirmed that the senior Ambani is going to put a video speech at 1.30 PM today about the next services of the company. As per the reports, the announcements will be relay over a range of social media platforms of Reliance like YouTube, Twitter, and Facebook.

Expected Announcements

LYF 4G Feature Phone

Even if the services that are going to be announced by REL chairman is not confirmed yet, but yet we can expect it to go big, in fact, “grand.” As per the reports of TeleAnalysis, RIL may embark on LYF 4G feature phones at today’s announcement. The new 4G feature phone is rumoured to be titled as “LYF Easy” and will cost less than Rs. 1500. The main aim of launching 4G Feature Phone is to promote VoLTE capability at lower price range.

Payment Bank

Among other announcements, RIL is said to announce a Payment Bank. RIL Jio already has the option of “Jio Wallet” and in the get up of demonetization; the company is expected to introduce a new and more convenient payment option for its subscribers.

Enterprise Solutions

As free voice call offer of Jio involved the investment of over 2 lakh crores, Mukesh Ambani is now gearing up to get the money by launching new enterprise solutions. Currently, Reliance Jio is going on with the full-bodied network like wireless, wireline, fibre, and underwater cable networks. And now, the company is expected to strengthen its infrastructure position by launching a new and robust network system.

Around 25 million SIM slots of smartphones have been acquired by Reliance Jio far before its commercial launch! With its unlimited data, free voice call, unlimited video streaming, and cost-free STD and roaming, Reliance Jio has been going on with a standout position in current Indian market.

It has never happened in the historical backdrop of Indian telecom industry that a new entrant grabs the significant share of the market in less than a week. While the jaws of numerous telecom companies are dropped by seeing the offers and services of Reliance Jio; consumers are found to stand in long queues in the form of Reliance Stores to grab a Jio SIM.

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