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Mukesh Ambani gives retail arm mandate to drive 4G devices

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Mumbai: Set to launch its pan-India 4G datacom services under “Jio” brand soon, Mukesh Ambani-led Reliance Industries has assigned its retail arm the mandate to develop the market for compatible devices and drive its growth.

“Devices are cornerstone in bringing broadband to the masses. The long-term evolution (LTE) ecosystem for devices in India is nascent,” Ambani said in a letter to the Reliance Retail team, referring to the standard industry jargon for the 4G technology.

“Reliance Retail is pioneering this LTE device ecosystem, building sales and distribution channels including retail stores,” the chairman said, while also announcing that his top executive Sandip Das will rive this initiative.

“To facilitate, Sandip Das will move from his role as MD (managing director) for Reliance Jio and join the board of Reliance Retail to mentor the Jio Division of Reliance Retail.”

According to company sources, Ambani is attaching much importance to the 4G data telecom space and sees it as one of the major drivers of growth within the $75-billion group.

Recently, approval was secured to appoint two of Ambani’s children, Yale-educated Isha and Brown University graduate Akash, on the board of directors of Relince Jio Infocomm.

Commenting on the developments, Das said he had personally sought a shift in his role to mentor the Jio initiative of Reliance Industries.

“It will take the resources, deep conviction and substantial expertise of Reliance to build an LTE device ecosystem to a level similar to the availability of 3G devices,” said Das, who has been associated with a host of Indian and global telecom firms in the past.

“As Reliance Retail is building electronic goods sales stores and channels to pioneer and dominate this ecosystem, it will be a wonderful challenge for me to mentor this.”

As per data with the watchdog Teleco Regulatory Authority of India, India’s total telecom subscribers base as on Dec 1 last year, including multiple users, was around 965 million, while the broadband base was around 82 million.

The country is seen as the next big market for telecom after saturation in the US and China.

 

Business

Apple is giving a huge discount on its gadgets: Details inside

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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