Reliance Industries Limited chief Mukesh Ambani had said the partnership with Microsoft will be the ‘defining partnership of the decade’.
He said this to Microsoft chief executive Satya Nadella during a conversation at the Future Decoded CEO Summit in Mumbai recently.
Ambani was quoted in reports as saying, “I am very excited about the partnership that Jio and Microsoft will have and I think that, that will be, as we look at this decade, that will be a defining partnership.”
Notably, in August last year, Reliance Jio had entered into a long-term alliance with Microsoft to accelerate digital transformation with the launch of new cloud data centres.
On the Jio-Microsoft alliance, Ambani had said Jio would set up a network of large world-class data centres across India powered by Microsoft’s Azure cloud platform.
Ambani was also quoted as saying ‘India that is at the cusp of becoming a premier digital society, and will be among the top three economies of the world.
Ambani also said the big change driving this transformation is the deepening of mobile networks which are working at a much faster pace than before.
Ambani said about 380 million people have migrated to Jio’s 4G technology and Jio has become people’s movement.
He said that Jio helped the data charges reduce substantially.
The cost of data has been lowered to Rs 12-14 per GB now from Rs 300-500 per GB in the pre-Jio days, Ambani had added.
Pre-Jio, the data speed was 256 kbps; and post-Jio, it is 21 mbps, he pointed out adding the cost of data before the launch of Jio was in the range of Rs 300 and 500 per GB.