Jio has achieved a lot in this short span and has become India’s largest mobile broadband data consuming network.
The richest man of India, Mukesh Ambani revealed that the mastermind behind this telecom venture was not him but his daughter, Isha Ambani.
Last night, Mukesh Ambani’s Reliance Industries was presented with the ‘Drivers of Change’ award, while giving his acceptance speech Mukesh Ambani revealed that the idea behind Jio was seeded by his daughter. Recalling an incident he said:
“The idea of Jio was first seeded by my daughter, Isha, in 2011. She was a student at Yale (in the US) and was home for holidays. She wanted to submit some coursework and she said, ‘Dad, the internet in our house sucks’.”
Mukesh Ambani’s son, Akash Ambani also stated that earlier people used to make money through calls and texts but today, everything has gone digital. He said:
“Isha and Akash belong to India’s young generation that is far more creative, far more ambitious and far more impatient to become the best in the world. These young Indians convinced me that broadband internet is the defining technology of our age and India cannot be left behind,”
When Jio was launched, India was suffering from a problem of poor connectivity. Also the price of the already existing network services were way too high that made half of the Indians unable to afford the internet services. He said:
“We launched Jio in September 2016. And today Jio has already become the biggest game changer in India,”
Mukesh Ambani compared the networks of other countries to that of Jio 4G. He said:
“This will make India a leader in 4G in 2019,” he added:
“It took the combined Indian telecom industry 25 years to build a pan-India 2G network. Jio took just three years to build a 4G LTE network, which is much larger and far more advanced. And it is also 5G-ready today.”
Jio has not just made high speed data available for free but has also made voice-calling free for lifetime.
Mukesh Ambani also talked about the smartphones made by the company.The smartphones of Jio are the most affordable smartphones available at the cost of only Rs.1500.
“The result has been stunning: 3 lakh to 5 lakh Indians are daily migrating to Jio Phone. And for the same Rs 200-300, they benefit through access to the high-speed internet with their existing voice needs are completely free.”
Talking about it’s future, Mukesh Ambani said:
“Within the next few years, Jio will empower the equivalent of two-thirds of Europe’s population to enjoy world-class digital services in India,”
He also said:
“Jio has already grown to be the biggest start-up in India’s history.”
Well, there’s no doubt to this fact that Jio has become one of the biggest start-up in the history of India’s telecom business.
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