RIL Chairman Mukesh Ambani’s speech on Reliance Jio’s Welcome Offer and other plans is starting in a few minutes.
In his speech, Ambani is expected to thank everyone for using the company’s services under the Welcome Offer, but is unlikely to extend the free services by three months as widely expected.
“The Welcome Offer was to get your feedback,” Ambani is expected to say in his speech that will start at 2 PM today.
Jio has not only become the largest broadband company in India in a matter of three months, but it has also become the largest telecom operator by data carried, he is expected to say in his speech.
Ambani is also expected to give an update on the call blocking carried out by Bharti Airtel, Vodafone and Idea Cellular.
“900 cr voice calls were blocked by Jio’s three main competitors,” the RIL chairman is expected to tell the audience in his speech today.
However, the issue has been settled with the intervention of regulatory authorities, Ambani is expected to announce.
Further, Ambani is also expected to announce details of retail and distribution expansion.
At total of 2 lakh outlets now support Aadhaar-based eKYC facility and the activation time has now been cut down to 5 minutes, Ambani would reveal.
Jio has been onboarding 6 lakh customers per day, and will increase its capacity further.
The company is targeting to double the number of outlets to 4 lakh, Ambani is seen telling the audience.
More details of the company’s plans are expected to be made available soon. We will be carrying the live video feed below.