Reliance to launch fixed line broadband service from August 15
05 July, 2018, 13:46 | Author: Dominic Spencer
Speaking at the company's 41st annual general meet (AGM), Reliance Industries chairman Mukesh Amabani said, "We will now extend fiber connectivity to homes, merchants, small and medium enterprises and large enterprises simultaneously across 1,100 cities to offer the most advanced fiber-based broadband connectivity solutions".
Pointing out that India lags behind significantly in the fixed line broadband market because of poor infrastructure, Ambani said India ranks 134th globally in the segment. Jio phone 2 will be available at ₹2,999 from August 15. Besides, a new JioPhone version and the Monsoon Hungama offer, Mukesh Ambani has made several other announcements for stakeholders and consumers of Reliance Jio and Reliance Industries. "With the added functionalities, our wider network reach across India and strong retail presence across India, the goal that I have now set for our Jio team is to enable 100 million users on this Jio Phone platform in the shortest possible time". The company will also announce the price plans for its JioFiber broadband service.
The registration for Jio Giga Fiber broadband and Jio GigaTV will begin from August 15 either via the MyJioapp or the official website, Jio.com.
Currently, Reliance Jio is running beta trials of Jio GigaFiber in tens of thousands of homes.
"Since I last spoke, we have doubled our [Jio] customer base to over 215 million now". The apps will work with voice commands as well which means users can use their voice to play videos. At the end of March 2018, Jio had 186.6 million subscribers under its belt and it has added close to 30 million subscribers in the June quarter. The company aims to bring India among the top five global fixed line broadband players, and it has invested over ₹250,000 crores ($36 billion) for creating better mobile and broadband connectivity. However, a lot depends on pricing and availability of the service.
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