"Cheapest 4G-LTE data rates the world has ever seen." India will shortly have more 4G connection that the U.S. has people (317M.) China already does. In a few years, Indians with 4G phones will probably number more than the combined population of Western Europe and the United States. This is a very different Internet.
Mukesh Ambani spent $20B on the network across India. He intends to get 100M users as soon as possible. The other telcos are dropping prices to match or going out of business. India has 12 wireless carriers competing, but many think that will quickly come down to 4 or 5. Telenor is the latest to give up.
Everything is free until December 31. If $7.40 is too much, you can buy one gig for $0.74 on a day pass.
Promotion is massive, including top Bollywood stars.
Many new phones in India come with a free Reliance Jio SIM. Calls are free across India, eliminating the roaming charges others demand. His LYF phones start at $45. Reviews say they are fine. Jio is over 3M customers in what's officially still a "trial" but this is open to everyone. I can't get through to his website as I write this - maybe he'll be at 4M in a few days.
In July I wrote, "Most prices will be under $10, putting to shame the Europeans and especially the Americans. They have a line of smartphones costing from $45 to $300, taking advantage of the latest cost-reduced or more powerful components. The worldwide slump in phone sales this year has brought component prices to new lows. Everyone from Qualcomm to Sony to memory makers geared up for continued sales growth. Jio is buying chips from three different suppliers to get great prices.
This is already one of the world's largest networks, covering a population of over 800M. They have built 250,000 kilometers of fiber so have essentially unlimited backhaul capacity. They are part owners of the 55 terabit Bay of Bengal Gateway undersea fiber. BBG connects Mumbai and Chennai to both Singapore and the Persian Gulf, meeting numerous routes around the world. Wavelengths are 100 gigabits."
Xavier Niel's 20 euro offer in France is starting to look overpriced.
I was able to anticipate today's announcement because the Indian press, especially the Economic Times, has been reporting in depth.