Ambani addressing RIL’s 40th AGM on Friday.

Mukesh Ambani’s Reliance Jio Infocomm (RJio) has revealed a handset that is “made in India by young Indians for all Indians”, the Jio phone.

The Jio phone is offered an “effective price of Rs. zero”, compared with an entry-level smartphone that costs between Rs. 3,500-4,000. Though, the company will collect a one-time refundable Rs. 1,500-amount.

“Starting 15th August this year, I am declaring digital freedom for all feature phone users,” Ambani said, addressing RIL’s 40th AGM on Friday.

“First, the voice will always remain free on Jio phone,” Ambani held, adding, that the handset offers unlimited data with a monthly tariff of just Rs. 153.

“…that is one-thirtieth, 3% of the existing price,” he said.

Ambani said, “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.”

Now, Jio customers alone are consuming over 120 crore GB of data in a month, including 165 crore hours high-speed video every month. For our competitors, it took 25 years to build 2G network. Jio has formed 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 constantly make more than 250 crore minutes of voice as well as video calls every single day, he said.

In less than over 170 days, more than 100 million customers have signed up for Jio’s services. On an average, RJio has also added 7 customers per second every single day, and RJio has broken one world record after another, he added.

“We empowered Jio users to make unlimited voice calls from anywhere to everywhere in India, absolutely free. This was the fastest adoption of any technology service, anywhere in the world, faster than Facebook, WhatsApp and Skype,” he added.

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