Reliance Introduces its Fiber Broadband Service, Jio GigaFiber and Jio GigaTV

Ruben Ruiz
July 6, 2018

After launching JioPhone a year ago that garnered 250 million users, Reliance has announced that it will make available JioPhone 2 starting August 15 at an introductory price of only Rs 2,999.

Mukesh Ambani also launched the Monsoon Hungama offer.

One of the biggest highlights of today's Jio announcements is the Jio GigaFiber broadband service.

"We shall create this by integrating and synergizing the power of Reliance Retail's physical marketplace with the fabulous strengths of Jio's digital infrastructure and services". Also, voice usage on the network has increased from 250 crore minutes to 530 crore minutes per day. The company is betting big on the optical fiber-based fixed broadband segment which is now dominated by BSNL, Bharti Airtel along with other smaller players. "While India has pole-vaulted into global leadership in the mobile broadband space, we still lag significantly behind in fixed line broadband".

Anticipating another disruptive set of services from Jio, market leader Airtel has also set in motion the revamp its existing wired broadband connection solutions. It is anticipated that the Jio GigaFiber service will bring affordable high-speed internet access to households across India. Reliance states that it will prioritize the roll-out of Jio GigaFiber in localities based on the interest the company receives from registrations. The effort will involve the group's Reliance Retail Ltd and Reliance Jio Infocomm Ltd businesses, he said.

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The JioPhone went on to become the most popular feature phone in India, and now it's getting a successor.

In addition to these announcements, Reliance Jio also announced a new smart home solution that includes Jio GigaTV, security cameras, home appliances and more. The first JioPhone was launched in India in July 2017 at an "effective" price of Rs 0, for which the buyers had to pay Rs 1,500 first.

While addressing the stakeholders, Mukesh Ambani said that the registration for the service will begin from August 15. It features the Jio GigaTV calling feature too, which will let you call TV connected to Jio GigaFiber or smartphone connected to any network. These routers are able to offer download and upload speeds at Gbps. Lastly, this also enables voice commands on your TV, and you can give these commands via the Jio remote.

Indian conglomerate Reliance Industries unveiled a fiber broadband system and said it will extend connectivity to 1,100 cities, stepping up its push to expand in the country's telecoms and internet services sector.

Other reports by GizPress

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