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India's Reliance unveils fiber broadband service in 1,100 cities
06 July 2018, 06:27 | Max Haynes
Reliance announces Jio GigaFiber across 1100 Indian cities
After launching JioPhone past year 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.
In addition to this, the company also announced the JioPhone 2. Since Jio is a greenfield player and has a complete ecosystem offering multiple services like Jio health/education, Jio TV, 3D VR streaming and smart home accessories, it will have an edge against the current broadband services providers.
After revolutionising the telecom sector, Reliance Jio has now come up with Jio GigaFiber which was earlier known as Jio Fiber.
After announcing the launch of JioGigaFiber, Ambani stepped aside for a while to let his daughter Isha, son Akash and Reliance Jio Director Kiran Thomas address the audience. The new JioPhone 2, however, features a QWERTY keypad with a 4-way navigation key, similar to older BlackBerry handsets. Also, voice usage on the network has increased from 250 crore minutes to 530 crore minutes per day.
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While explaining the broadband for large enterprises, Ambani said that fixed-line broadband will mean having the ability to compete in the global marketplace, using digital tools and techniques that are powering the fourth industrial revolution.
Our view: The launch of Jio GigaFiber has the potential to transform the fixed-line broadband industry in India. Both the JioPhone and JioPhone 2 will also support Facebook, WhatsApp, and Youtube. Two AGMs ago was when it's disruptive telecom service Reliance Jio was officially launched.
According to a report in the Livemint, Jio GigaFiber will provide ultrahigh-definition entertainment accessibility to houses on their own TV screens along with a provision of video conferencing, shopping online and virtual reality gaming. With over 215 million customers, the Mukesh Ambani-led company has been exploring all possible segments on the Internet. "We will extend fibre connectivity across 1,100 cities", he said, speaking at the company's annual general meeting (AGM). "They can purchase our Jiophone2 at an introductory price of only Rs 2,999". Lastly, this also enables voice commands on your TV, and you can give these commands via the Jio remote. Starting August 15, you can register your interest in the JioGigaFiber.
In addition to these announcements, Reliance Jio also announced a new smart home solution that includes JioGigaTV, security cameras, home appliances and more. Fixed-line broadband offers hundreds to megabits, even gigabits per second of data speeds.
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