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COAI's Statement on Reliance AGM

 
 

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COAI’s Statement on Reliance AGM

 

We congratulate Mr. Ambani and the Reliance Industries Ltd. for a successful 41st AGM. Getting more than 200 million subscribers in such a short time is indeed a commendable achievement, for any company. The announcements made by Mr. Ambani today have positioned RJio as an extensive technology company rather than just a telecom service provider. This is an interesting development and once the plans laid out today start taking shape, we can expect new streams of revenue to be initiated that will benefit the industry.

 

We are happy to note that JioPhone 2 will provide more features/apps, especially Facebook, Whatsapp and Youtube, which will make it more attractive for subscribers. Moreover, the newly launched Jio smartphone is very attractively priced and is expected to see increased uptake; and we expect feature phone users to transition to smart phones.

 

We expect JioGigaFiber to be a game changer and revolutionise the ICT sector and drive the Digital India vision. We expect the initiative to transform allied sectors such as the healthcare, education and agriculture in addition to the retail industry. The focus on agriculture, health and education is the need of the moment and will help prepare networks for offerings and use cases anticipated in 5G, which is a matter of high importance for the Government. Comprehensive offerings by Jio will thus touch every aspect of human life and will bring benefits of high-speed connectivity to the masses.  

 

The increased focus on a network and technology will provide the necessary impetus to the industry and also hopefully the revenues of the industry that are being challenged at present.

 

 This is to be attributed to Mr. Rajan S Mathews, DG, COAI

 

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