Mukesh Ambani may disclose Jio's future plans at Reliance Industries' AGM on September 1
KOLKATA | MUMBAI: Reliance IndustriesBSE -2.00 % Chairman Mukesh Ambani is likely to disclose future plans for Reliance Jio Infocomm at the company's annual general meeting (AGM) on Thursday, which could include details about its much-awaited tariff plans.
A person familiar with the matter told ET that the company could reveal some of its tariff packages aimed at specific categories of users. These will be closely tracked by the industry which is anticipating a bruising rate war. "This AGM should be a big one for Jio," the person said. Jio is also expected to shortly file its tariff plans with the Telecom Regulatory Authority of India (Trai) and these will be effective once the three-month free voice and data trial offer lapses.
The government has been nudging Jio to file its tariff plans which will mark a significant step towards the launch of commercial 4G operations of the telecom unit of Reliance Industries. Jio has blamed incumbent operators for not giving it adequate points of interconnection.
This has led to 65 per cent of the calls from Jio's network dropping, forcing it to delay its commercial rollout, the company claims.
India's top telcos in turn have accused Jio of running commercial operations in the guise of trials and violating rules, and said they wouldn't give more PoIs till Jio launches operations commercially.
Another person aware of company plans said Reliance wants to make Lyf among the top three smartphone brands in India. It plans to come up with special tariff plans for Lyf customers to make these handsets more attractive.
"While Reliance Jio has now opened up the preview offer to almost all the leading smartphone brands which were earlier exclusive to Lyf customers, there will be some special tariff plan for Lyf customers to ensure the handset sales continue and drive volume sales," he said. Jio didn't respond to emailed requests for comment at press time.
There has been considerable speculation in the telecom industry about whether the company will announce a date for the launch of its commercial operations at the AGM. One of the persons quoted ear. earlier said the proposed launch date was a closely guarded secret, known only to Ambani and a handful of key executives.
KOLKATA | MUMBAI: Reliance IndustriesBSE -2.00 % Chairman Mukesh Ambani is likely to disclose future plans for Reliance Jio Infocomm at the company's annual general meeting (AGM) on Thursday, which could include details about its much-awaited tariff plans.
A person familiar with the matter told ET that the company could reveal some of its tariff packages aimed at specific categories of users. These will be closely tracked by the industry which is anticipating a bruising rate war. "This AGM should be a big one for Jio," the person said. Jio is also expected to shortly file its tariff plans with the Telecom Regulatory Authority of India (Trai) and these will be effective once the three-month free voice and data trial offer lapses.
The government has been nudging Jio to file its tariff plans which will mark a significant step towards the launch of commercial 4G operations of the telecom unit of Reliance Industries. Jio has blamed incumbent operators for not giving it adequate points of interconnection.
This has led to 65 per cent of the calls from Jio's network dropping, forcing it to delay its commercial rollout, the company claims.
India's top telcos in turn have accused Jio of running commercial operations in the guise of trials and violating rules, and said they wouldn't give more PoIs till Jio launches operations commercially.
Another person aware of company plans said Reliance wants to make Lyf among the top three smartphone brands in India. It plans to come up with special tariff plans for Lyf customers to make these handsets more attractive.
"While Reliance Jio has now opened up the preview offer to almost all the leading smartphone brands which were earlier exclusive to Lyf customers, there will be some special tariff plan for Lyf customers to ensure the handset sales continue and drive volume sales," he said. Jio didn't respond to emailed requests for comment at press time.
There has been considerable speculation in the telecom industry about whether the company will announce a date for the launch of its commercial operations at the AGM. One of the persons quoted ear. earlier said the proposed launch date was a closely guarded secret, known only to Ambani and a handful of key executives.
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