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Reliance JIO biggest 4G startup unveiled with investment of Rs.150,000 crore

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Reliance Jio in boosting mobile data sector of India, but offering higher expansion, affordable service and high speed in mobile internet.

Reliance JIO is one of the largest startup that will begin working with Rs.150, 000 crore investment. Yet the time frame for the service by Jio is not finalized. The startup will offer 4G service. Having Mr.Mukesh Ambani (Reliance Industries Chariman)onboard, Jio is ready to boost the mobile internet platform of India. Mobile internet users in India would reach 300 million by the year 2017 as per a report by IAMAI & KPMG consultancy.

The current level of mobile internet platform ranking of India is much lower. Jio will help the mobile internet platform to expand, grow and reach on the top levels. The services launch is not finalized. Mr.Mukesh Ambani was speaking at Ficci-Frames Media. He unveiled Jio startup with 4 strategies. The first is to offer an expansion in covers by increasing to 70 percent all over India.

The current stage of mobile internet coverage in India is limited to 15-20 percent only. The second part involves giving a higher broadband speed with speed rise in 40 to 80 times than what is available right now. The next two strategies include offering rise in data avaibility and keeping the service affordable at the same time.

Due to high investment Jio will be a successful startup that target mobile internet sector of India.  Rise in the data speed and affordable solution will let people to have more technology upgrades. For example video calling, and video streaming on mobile internet still lack good speed. Jio would be capable of making such services economical and efficient with time.

Takeaways:

  • Jio is one of the largest startup with investment of Rs.150,000 crore.
  • The startup aim is offering expansion in mobile data, affordable data plans and higher speed.
  • It aims to put India in the top 10 list of mobile data.
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