Mukesh Ambani today outlined the detail plans of the much awaited Reliance Jio plans at the company's annual general body meeting (AGM).
Here are 8 quick takeaways from Mukesh Ambani's announcement on the Jio from free voice and much more.
The company has made voice calls free and charges of Rs 50 per GB on data.
Commercial launch in Dec 2016
Reliance Jio would see a commercial launch only by Dec, 2016. Until then there would be a preview launch, would be packed with a host of freebies.
No voice and data charges until Dec 31
As part of the welcome offer, there will be no charge on voice, data services or the Jio.
This move could existing players like Bharti, Idea and Rcom in the near future.
Data services to be free during night
Another interesting aspect of the plan is that data services would be free during the nights.
This is a superb proposition for those consuming more data at night.
Free data for students
Students would see a discount of 25% on charges.
Target to achieve 100 million customers
Mukesh Ambani set a target of 100 million customers in the shortest possible time.
Quick connection with Aadhar card
If you have an Aadhar Card, you can get a connection in 15 minutes.
Idea and Bharti Airtel shares crash
Shares in Idea and Bharti Airtel, both came crashing down following the announcements. Both were down by 6 per cent and 7 per cent, on worries of fierce competition.