Speaking on the company’s 41stAnnual General Meeting, Reliance Industries Limited (RIL) chairman Mukesh Ambani revealed that the company’s telecom operations will commence in December.
While the , the company will enter beta testing phase in “the next few months.”
Ambani said that the company sees 4G-enabled smartphones priced under Rs 4,000 by year-end.
Reliance Jio service will cover all 29 states of India, and reach 80% of the populace at the time of launch. It will cover 100% of the population in the next 3 years, Ambani said.
Ambani added that the company is committed to net neutrality, a hot topic in India, and has the largest swathe of liberalized spectrum among all telecom operators.
Talking to the shareholders, Ambani said Reliance Jio will launch a set of digital apps in the next few weeks. Among these apps will be Jio Chat, which already has 1 million active users, he said.