Reliance Industries AGM Highlights | Mukesh Ambani launches 4G enabled Jio phone for effective price of Rs 0

Reliance Industries Chairman Mukesh Ambani launched the 4G enabled Jio feature phone for effective price of Rs 0 at the 40th Annual General meeting of the company in Mumbai on Friday

Mukesh Ambani made some major announcements on the 40-year growth journey of Reliance Industries and how Reliance Jio has made gigantic strides in the telecom landscape of the country.

Here are the Live updates from the Reliance Industries' 40th Annual General Meeting - 

# JioPhone will make the 2G feature phone obsolete. With this, I am sure Jio will set a new world record: Mukesh Ambani

# Mukesh Ambani launches 4G VoLTE feature phone for free with Rs 1500 security deposit

# There are more than 50 crore feature phone users who have been left out of the digital revolution: Mukesh Ambani

#It took 25 years for our competitors to build 2G network. Jio will have created a larger 4G network in just 3 years: Mukesh Ambani

# Our network continues to expand across the country. In the next 12 months, Jio will cover 99 percent of our population.

#There are 78 crore mobile phones in India. There are more than 50 crore feature crore users who have  been left out of the digital revolution. They can't avail of benefits of a smart phone, much less a 4G LTE smartphone.

# Before Jio's launch, India was 155th in mobile broadband penetration, now it is no.1 in mobile data consumption.

#In just 6 months of Jio's launch, data consumption in India went from 20 crore GB to 120 crore GB per month: Mukesh Ambani

#India is on its way to becoming Number One in mobile penetration - Mukesh Ambani

#In just 6 months of Jio's launch, data consumption in India went from 20 crore GB to 120 crore GB per month: Mukesh Ambani

#We are thankful to PM Modi Digital India initiative which has stimulated Reliance Info's growth - Mukesh Ambani

#This was the fastest adoption of any technology service, anywhere in the world. Faster than Facebook, WhatsApp, Skype: Mukesh Ambani

#Jio has 125 million customers, I sincerely thank all Indians in contributing to the immense growth of the company - Mukesh Ambani

# Jio has broken one world record after another: Mukesh Ambani

#Reliance Jio added 7 customers per second in the first 100 days of launch - Mukesh Ambani

# I want to dedicate our stupendous growth of our company to our patron and founder Dhiru Bhai Ambani - Mukesh Ambani

#Employees have grown from 3500 in 1977 to 250000 across all business in 2017 - Mukesh Ambani

#The market capitalisation has leapfrogged from Rs 10 crores in 1977 to Rs 500000 crores as on 2017 - Mukesh Ambani

# RIL Chairman Mukesh Ambani has arrived at the venue.