Date post: | 16-Apr-2017 |
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Business |
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Worlds Biggest Startup with an Investment of 1,50,000 Crores
About Reliance Jio Infoccom Ltd.• Doing Business as Jio• Industry – Wireless Telecommunication• Wholly owned Subsidiary of Reliance Industries Ltd.• Headquarters – Mumbai• Founder and Owner – Mukesh D. Ambani• Founded – 2007• Product – Mobile Telephony and Wireless Broadband• Parent company – Reliance Industries Ltd.• Subsidiary - Lyf
FOUNDER RJIL – Mukesh D. Ambani• Indian Business Conglomerate• Chairman, Managing Director and largest shareholder Reliance
Industries Ltd.(a fortune 500 Company and India’s second most valuable company by market value)• Net Worth – 23.8 billion USD• Spouse – Nita Ambani• Children – Isha, Akash, Anant Ambani
Key people• Managing Director – Sanjay Mashrwalla• Head of IT – Jyotindra Thacker• Chief of Strategy – Akash Ambani• Board Member – Mukesh D. Ambani• President of network and Global strategy – Mathew Oommen
Services Offered• Jio 4G Broadband – With spectrum rights in all 22 circles of the country and
license valid till 2035• Jionet wifi – To transmit data in homes and offices• Lyf smartphones – Chinese phones repackaged as Lyf smartphones enabled with
4G VoLte• Jio Apps – My Jio, Jio Tv, Jio Cinema, Jio Chat messenger, Jio Music, Jio Money
Wallet, Jio Mags, Jio Drive
Sales and Service centers• Authorized Reliance Dealers • Reliance Digital• Digital Express• Digital Express mini• Many other smaller stores and mobile shops
Competitors• Airtel Bharti• Idea• Vodafone
At the price point and Service quality there are virtually no competitors Of RJIL
Benefits of Jio• No Roaming charges across India• Free voice calls• Latest technology 4G VoLte• Lowest charged Data plans around the world as per Ambani• Huge network of 18000 cities and towns and 200000 villages and by march 2017 hopes
to cover 90% of the Indian population• 2,50,000 kms of fibre optic cable network ,double the area of Vodafone ,Idea and Airtel• Jio is using cables of 288 and 96 fibres at most of the places wile other players have
cables with only 12-24 fibres, which enhances the quality of Bandwith
Statistic Records about Indian Telecommunication Sector• 125 Crore population in India• 100 Crore mobile users in India• 80% of India is connected to mobile phones• 34% of Indian population is connected to Internet• Among those using mobile phones, 10% people use 3G data or above
Other Statistics• India’s current day tarrif (based on current average revenue per GB of Rs. 228) is
higher than that of any developing or developed country• India’s data tarrif as percentage of Gross National Income per capita is currently
2.6% whereas on an average, the developed economies data tarrif as percentage of Gross National Income per capita is .4% to .5%• Analysis concludes that a 75% cut in data tarrif could increase the user base to
645-667 million Sim’s and the monthly data usage to around 4.2 to 4.3 Gb in 2019-20• Studies by the analyst says that there is scope of 75% cut in the tarrif rates
Business Model• The tarrif plan• Price the consumer not the product• Data is the oil of 21st century• Capital intensive business investment• Digitalising the country
Controversies Faced Petiton filed by Prashant BhushanUsing Modi as a medium to spread JioInterconnect not allowed by other Telcos
THANK YOU-HARSHIT MANDIYA