Reliance Jio
Jio is an Indian telecommunications company and subsidiary of Reliance Industries Limited, headquartered in Mumbai, Maharashtra, India. Launched in 2016, Jio transformed the Indian telecom industry by offering affordable 4G LTE services, disrupting traditional pricing models and making data widely accessible across India. Jio is the largest mobile network operator in India, with over 450 million subscribers as of 2023, and has expanded its offerings to include fiber broadband, 5G services, and a range of digital services.[1]
| Company type | Subsidiary |
|---|---|
| Industry | Telecommunications |
| Founded | 27 December 2015 |
| Founder | Mukesh Ambani |
Area served | India |
Key people | Mukesh Ambani (Chairman), Akash Ambani (Chairman, Jio Platforms) |
| Products | 4G LTE, 5G services, Mobile telephony, Broadband, Jio Fiber |
| Revenue | ₹870 billion |
| Parent | Reliance Industries Limited |
| Website | www.jio.com |
History
changeJio was officially launched on 27 December 2015, although it began as an idea under the guidance of Mukesh Ambani, chairman of Reliance Industries, in the early 2010s. Jio’s rollout started with an extended trial phase that offered free voice calls and data, a strategy that attracted millions of subscribers. By September 2016, Jio's full commercial operations began, introducing free voice calls and low-cost data plans. This pricing structure forced competitors to lower their rates and accelerated internet adoption across India.[2]
Related pages
changeReferences
change- ↑ "Jio Subscriber Base Crosses 450 Million". The Economic Times. Retrieved 2024-11-05.
- ↑ "The Jio Revolution: How India's Data Prices Dropped Dramatically". BBC. Retrieved 2024-11-05.