- Hindi news
- Db original
- Mukesh Ambani Reliance Jio 4th Year Journey | Know How Did Reliance Jio Changed The Telecom Industry? All You Need To Know Reliance Jio – 4G Internet RI History In Timeline
new Delhi22 minutes ago
- Copy link
- Live was launched on September 5, 2016, in just 83 days more than 50 million users had come, there were more than 13 million users in a year
- When Jio was launched, there were 12 companies in the telecom market, now only 5 are left, among them BSNL and MTNL government
The date was 5 September 2016. Mukesh Ambani launched Reliance Jio for the common users of the country. That too absolutely free. With 4G data and voice calling. After this announcement by Mukesh Ambani, shares of Bharti Airtel, the country's largest telecom company at that time, fell 8.5%. Idea, the second largest company, lost 7% of its market value. Even Reliance's stock fell 3%.
Mukesh Ambani waged a price war in the telecom market with the launch of Jio. According to Reliance, at that time the price of 1 GB data was up to 200 rupees, but today it has become 5 rupees.
Mukesh Ambani, with wife Neeta, daughter Isha, sons Anant and Akash.
But do you know how the idea of Reliance Jio which changed the telecom industry so much, came to Mukesh Ambani? How did live grow in 4 years? What happened to the telecom industry? In this story we try to understand the answers to many such questions …
Daughter Isha and son Akash gave the idea of live
How did Mukesh Ambani bring the idea of Jio to a program of Reliance Industries in March 2018? Told about this. He had told that the idea of Jio came to him from his daughter Isha.
He had narrated an anecdote, 'The idea of Jio was first given to me by my daughter Isha. She studied at Yale University in the US in 2011 and came home for a few days during the holidays. He was to submit some course work to the university. He told me – Dad, how useless the internet is in our house.
Ambani also told at that time that his son Aakash had also told him that earlier telecom meant only voice calling for people, but now everything has become digital. Apart from this, a lot of work can be done through the Internet.
It was only after the daughter's troubles and the son's suggestion that her mind came back to the telecom sector and the idea of starting Jio.
The beginning of live again
Jio may have started in September 2016 and Isha had trouble in 2011, but perhaps before that Mukesh Ambani was in the mood to get into telecom. This is because in 2010, Reliance Industries bought Infotel Broadband Services Limited (IBSL) 95% stake for Rs 4,800 crore. IBSL was the first and only company in the country to spread 4G broadband spectrum in all 22 zones of the country. Later it was named 'Reliance Jio'.
On 5 September 2016, Mukesh Ambani launched Reliance Jio. Initially, the company kept 4G data and voice calling free for 6 months. As a result, Reliance Jio started growing rapidly.
According to Reliance, within 83 days of the launch of Jio, the company had more than 5 crore users. As of December 2016, the company had more than 7 crore users. Whereas, in a year of launching, as of September 2017, Jio had more than 13 crore users.
According to Reliance Industries' quarterly report, as of June 2020, the company has over 398 million users. Within just 4 years, Jio has become the largest telecom company in the country.
When Jio came, there were 12 telecom companies in the country, now only 5 are left
In September 2016, when Reliance Jio entered the telecom sector, Bharti Airtel used to be the largest telecom company in the country. At that time Airtel had around 26 crore users. But, now Airtel has become the number two company and now it has around 32 crore users.
The impact of the telecom sector after Jio's entry can be gauged from the fact that till Jio's arrival, there were 12 telecom companies in the country, but now only 5 companies are left. Of these, two BSNL and MTNL are government.
Jio had a market share of 1.5% as of September 2016, which has grown to over 34% by May 2020. After the arrival of Jio, not only Vodafone and Idea have merged, but other small companies have either merged or closed in big companies.
The biggest disadvantage of Reliance Jio coming to telecom was Mukesh Ambani's younger brother Anil's company Reliance Communication. When Jio came, Reliance Communication had more than 8.71 crore users and its market share was around 8.30%. But, now Reliance Communication has less than 18 thousand users and the market share has increased to 0.002%.
How much Reliance Industries and Mukesh Ambani benefit from Jio?
1. Revenue : Reliance revenue increased due to Jio
2. Debt free : Reliance becomes debt free in four years
3. Net worth : Mukesh Ambani's net worth increased 4 times
You can also read these news:
# 1. How much wealth the rich have ?: Mukesh Ambani's net worth is equal to the GDP of 9 small states of the country; The wealth of the world's top-3 billionaires is more than the budget of India
#2. Bezos with a net worth of $ 200 billion: Jeff Bezos' net worth was not even 12% compared to Bill Gates 21 years ago, 77% more than him today; Did not increase your salary by one rupee for 22 years
# 3. Apple $ 2 trillion company: iPhone's share of Apple's revenue is less than 50%, but there are more ways to earn; Learn how the 5 big companies of the world earn