Reliance AGM 2018: Net Profit Up By 20.6%, Jio Usage Doubled To 240 Crore GB In One Year, Says Mukesh Ambani
On YouTube, the event is being broadcasted live via the Reliance Jio and Flame of Truth channels,
At the 41st Reliance AGM meet, Mukesh Ambani is addressing the shareowners at the company now. He said, "Reliance Jio has 215 million customers now within 22 months of start. Data usage has grown from 125 crore GB to more than 240 crore GB per month." The net profit is up by 20.6 percent, and the data, voice usage and the amount of video consumption has seen a tremendous jump in the last one year.
Reliance Jio Usage
He further pointed out that Reliance Jio customers use the company's network for more than 290 minutes per day on an average. Reliance Jio, over the past 12 months has doubled their network capacity. The capacity utilisation is less than 20 per cent.
Jio Phone 2
Ambani further announced that there than 25 million Jio Phone users in India, that was launched last year. The company is now taking the Jio Phone to the next level, with added capabilities and functionalities. The launch of Jio Phone 2, a high-end model of JioPhone was announced. It is powered by horizontal screen viewing experience and a full keypad, and more features.
Mukesh Ambani said, "With the added functionalities and strong retail presence across India, the goal that I have now set for our #Jio team is to enable 100 million users on this #JioPhone platform in the shortest possible time and create another world record."
Jio Giga Fiber
Ambani further said, "We will now extend fiber connectivity to homes, merchants, small and medium enterprises and large enterprises simultaneously across 1,100 cities to offer the most advanced fiber-based broadband connectivity solutions. We are calling this fiber based broadband service Jio Giga fiber.
Jio Giga Router
With Jio Gigarouter, users will be able to watch 600 plus channels, millions of songs, and more in ultra HD in 4K resolution. There is voice command feature on TV as well. With Jio GigaTV calling, users will be able to video call every other TV, connected to JioGigaFibre. Users can also call smartphones, tablets on any network.
Jio Smart Phone Accessories
Jio smart home solutions also unveiled, such as TV camera, plugs, door bells, etc. The accessories can be used to control the entire home via MyJio application.
Both Jio GigaFiber as well as Smart Home can be set up by the company's engineers in one hour.
On YouTube, the event is being broadcasted live via the Reliance Jio and Flame of Truth channels, while it is also being streamed from the Reliance Industries Limited and Jio Facebook pages. In addition, Jio subscribers can also watch the AGM speech via JioTV.
(The above story first appeared on LatestLY on Jul 05, 2018 11:22 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).