Reliance Jio Promises Lowest Data Rates In The World, Spells Trouble For Internet Service Providers

Reliance Industries' chairman Mukesh Ambani just went live on Facebook with their annual general meeting (AGM). He spoke about their biggest launch this year - Reliance Jio. And if his words are anything to go by, this can change the way Indians use the internet altogether. Here are some of the takeaways that have got us very excited.

1. Reliance Jio's base rates are one-tenth of the existing rates.

Insights To #RelianceAGM pic.twitter.com/U8T694WTbm

¡ª Nikhil (@NMarkandeya) September 1, 2016

2. Data is as cheap as 5 paisa per MB. That's Rs. 50 per GB.

Beginning of new and worlds biggest data revolution in hisotry #RelianceAGM #rjio #reliancejio #mukeshambani pic.twitter.com/ehtHhykRs9

¡ª chetan shah (@chetanshahrare) September 1, 2016

3. "More data you use, lower the rates," said Reliance chairman Mukesh Ambani.

M0bileappDev: #app #mobile Mukesh Ambani promises "From the 5 September India will change forever!" #RelianceAGM #¡­ pic.twitter.com/i1eT7A3V1m

¡ª Coko Softs (@CokoSofts) September 1, 2016

4. "No more blackout days. When you need to send a message on Diwali (or other holidays) operators charge double the rate." Not on Jio.

Here the India's Digital revolution
#JIO #RelianceAGM total game changer@theRohitBansal @upadhyayumesh pic.twitter.com/AyOdip58zj

¡ª Brajesh Misra (@brajeshlive) September 1, 2016

5. The user will be billed in real time. No need to wait until the end of the month.

Jio plans to elevate India to the next level #JioDigitalLife #RelianceAGM pic.twitter.com/9FGARlgi3X

¡ª 91mobiles (@91mobiles) September 1, 2016

6. Jio has only 10 main plans. Reliance believes the plans need to be simple enough for every Indian to understand.

Jio is a tribute, committment & dedication to the vision of our PM @narendramodi #RelianceAGM #JioDigitalLife pic.twitter.com/77sY1ddrtr

¡ª Jio Fan Club (@JioFanClub) September 1, 2016

7. Plans start as low as Rs 19 a day and go up to Rs 4,999 per month for 75 GB data.

Everyone to #RelianceAGM right now
"Jio Mere Laal"

¡ª Urvashi (@glimmer318) September 1, 2016

8. All the plans offer unlimited 4G LTE data at night.

Free calls & unlimited data at night? What an Idea sir Ji(o)? Is it time to say Tata to Airtel & poda to Voda? #RelianceAGM

¡ª Prasanna Karthik R (@prasannakarthik) September 1, 2016

9. "All voice calls for Jio customers will be absolutely free" - Ambani

He said customer should only pay for voice or data. Not both. So calls to all networks around India, whether local or roaming will be FREE.

In 45 minutes of Mukesh Ambani #RelianceAGM
IDEA lost Rs.2,450 crore, Bharti Airtel lost Rs.9,800 crore of market cap.

¡ª Business Standard (@bsindia) September 1, 2016

10. If you're a student, a valid student ID card will get you 25% more data on Jio tariffs.

Other operators right now.. #RelianceAGM pic.twitter.com/maWNIucUJU

¡ª Sanjay (@cerebralriot) September 1, 2016

11. Jio will also be providing WiFi to the majority of the country's schools and colleges.

Indians have come to appreciate 'Gandhigiri', now Indians can do 'Data-giri', says #MukeshAmbani at #RelianceAGM

¡ª TIMES NOW (@TimesNow) September 1, 2016

12. Ambani said it's the only 4G-only network in India and "not mostly 2G, sometimes 3G, and rarely 4G".

You can save up to Rs.12590 if you opt for @airtelindia MegaSaverPack over Jio's 4G Plans #RelianceAGM @reliancejio pic.twitter.com/2pTmezZ8Nc

¡ª Mashhood Ahmad (@MeetMashhood) September 1, 2016

13. Jio will roll out fibre optics to the home wired internet users in select cities. Speed promised will be up to 1 Gbps.

??#Jio is flouting KYC norms if MDN is activated basis only aadhaar
??Does REL have all adhaar Data? #RelianceAGM pic.twitter.com/1uuBeXF6QG

¡ª PlainSpeak? (@santoshmishra) September 1, 2016

Some people just want to watch the world burn!

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