For the first time, Reliance Jio and Samsung will hold a joint press conference at a global stage like MWC in Barcelona. The press conference aims to “foster engagement and participation among industry leaders, governments, and communities, by discussing Jio’s successful 4G LTE business and how it has transformed the everyday lives of 1.3 billion Indians."
Shares in Reliance Industries Ltd (RIL) have raced to a seven-year high, boosted by its recent announcement to soon start charging for data services offered by its Jio 4G mobile services that have notched up 100 million customers in just 170 days since launch.
Also read: Reliance Jio to Offer 20% More Data than Competitors’ Best Selling Plans, for the Same Price
RIL Chairman Mukesh Ambani on Tuesday announced that Jio Infocomm Ltd, a wholly owned subsidiary of RIL and one of its biggest bets entailing an investment of around Rs 200,000 lakh crore, will start charging customers for its 4G data services starting April 1. He also said that Jio will offer 20% more data than its competitors on their best-selling plans.
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Here are live updates from the joint press conference of Samsung and Reliance Jio from MWC 2017, Barcelona.
Watch Live: Srinivasan from Samsung Electronics on 5G post Jio and Samsung Joint announcement
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