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

Tanya Cunningham
July 6, 2018

Last year's AGM of RIL marked the launch of JioPhone, Reliance Jio's feature phone, which was made available for a refundable deposit of Rs 1,500. The JioPhone 2 looks similar to old BlackBerry phones and offers same features of the original JioPhone.

One of the biggest highlights of today's Jio announcements is the Jio GigaFiber broadband service. Having made India the largest data consumer in 2017, the Chairman and Managing Director of Reliance Industries has now set his sights on putting India among the top five fixed broadband markets in the world. It allows existing feature phone users to exchange their current phone for the JioPhone for ₹501 ($7).

"While India has pole-vaulted into global leadership in the mobile broadband space we still lag behind significantly in fixed-line broadband".

Today, Reliance Jio has launched its fiber-based fixed-line broadband services. On the camera department, the JioPhone 2 offers a 2MP rear camera along with VGA front camera. Two AGMs ago was when it's disruptive telecom service Reliance Jio was officially launched. The new JioPhone 2 also runs on the KaiOS and supports popular apps like WhatsApp, Facebook, and YouTube.

"We have more than 25 million JioPhone users in India", Ambani told shareholders at the 41 Annual General Meeting of RIL.

One of the most advanced fiber-based broadband connectivity solutions, Jio Giga Fiber will provide ultra high-definition entertainment on TVs, video conferencing, voice-activated virtual assistance, virtual reality gaming, digital shopping and immersive experiences.

"From here onwards, it will depend on the profitability of Jio", said a fund manager, whose mutual fund owns Reliance shares.

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. It features the Jio GigaTV calling feature too, which will let you call TV connected to Jio GigaFiber or smartphone connected to any network.

After launching JioPhone previous year, Reliance has announced JioPhone 2 at an introductory price of Rs 2,999. Registrations for JioGigaFiber will begin from August 15. Subscribers will be able to use voice commands on a microphone-enabled TV remote to access the standard Jio suite of apps.

Reliance sparked a price war and a rush to consolidation in India's telecoms market when it launched its Jio network in September 2016 by offering vastly cheaper tariffs and data plans.

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