Mumbai: Reliance Jio Infocomm (RJio), the telecom arm of Mukesh Ambani controlled Reliance Industries (RIL), has unveiled a 'made in India by young Indians for all Indians', the Jio phone. which is provided with an 'effective price of Rs. zero', compared with an entry-level smartphone that costs between Rs. 3,500-4,000.
'Today, Jio is going to reinvent the conventional feature phone. Let me introduce India ka intelligent phone. Today Jio has over 125 million customers. We have proved all our sceptics wrong,' Ambani said. Now, Jio customers alone are consuming more than 125 crore GB of data a month, including 165 crore hours high-speed video every month.
It took 25 years for our competitors to build 2G network. Jio has created a larger 4G network in just 3 years, he added. In just 6 months of Jio's launch, data consumption in India went from 20 crore GB to 120 crore GB per month. Jio users consistently make more than 250 crore minutes of voice and video calls every single day, he said.
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The company will collect a one-time refundable amount of Rs. 1,500.