15 crucial points Mukesh Ambani made during his AGM speech on Reliance Jio
Sep 1, 2016, 14:53 IST
Mukesh Ambani brewed a tariff war when he announced Reliance Jio’s disruptive tariff plans, rolling out free voice calls from Jio to any network and giving 1GB just for Rs 50.
After his announcements, shares of Bharti Airtel and Idea tanked and cost them nearly Rs 13,800 crore.
Ambani began his 45-minute speech at the AGM with dedicating Reliance Jio to 1.2 billion Indians.
Addressing his shareholders meet, Ambani announced free introductory offer from September 05 to December 31, 2016.
Meanwhile, customers were elated with Reliance Jio’s plans and welcomed Ambani’s move.
People said Ambani opened the digital doors to people living in the remote areas of the country.
Ambani stated Reliance Jio's plan was based on 5 main points- best quality broadband network, affordable 4G devices, compelling content, superior service and affordable tariff.
Here are the top quotes from his speech
Advertisement
After his announcements, shares of Bharti Airtel and Idea tanked and cost them nearly Rs 13,800 crore.
Ambani began his 45-minute speech at the AGM with dedicating Reliance Jio to 1.2 billion Indians.
Addressing his shareholders meet, Ambani announced free introductory offer from September 05 to December 31, 2016.
Meanwhile, customers were elated with Reliance Jio’s plans and welcomed Ambani’s move.
Advertisement
Ambani stated Reliance Jio's plan was based on 5 main points- best quality broadband network, affordable 4G devices, compelling content, superior service and affordable tariff.
Here are the top quotes from his speech