Reliance Jio's GigaFiber is the Fiber-to-the-home (FTTH) service, which is expected to have a commercial rollout from today.
The Jio Fiber plans will go up to Rs 10,000 at the highest end and will come with 1Gbps speeds. Jio fiber will come bundled with subscriptions to most premium OTT applications. Plus, they'll be able to watch select movies at home alongside its theatre release. The set-top box will let you make video calls, provided you have a webcam attached to your TV, to other Jio users across platform using the JioCall app.
Jio also announced ultra-cheap fixed line global calling rates, including an unlimited US/Canada voice calling pack at Rs 500 per month.
According to our estimates, BSNL has around 6 million wired broadband subscribers, which gives it a share of about 30% out of the total wired broadband subscriber base of 18.5 million users in India.
Ambani earlier announced that Reliance Jio had crossed the 340 mn subscriber mark, making it India's largest cellular network. Though Jio GigaFiber was announced a year ago, we are yet to see a commercial launch timeline for the same, which could be announced at the AGM. LED TV free with annual Jio Fibre subscription Jio Fibre offers a HD or 4K LED TV and a 4K Set-top box free with an annual subscription.
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The detailed break down of the JioFiber plans will only be available on Jio.com on 5 September.
Ambani also revealed that the Jio GigaFiber IoT (Internet of Things) platform will be commercially available from January 1, 2020. Further, the company announced that it aims to become net zero-debt company in the next 18 months and plans to list Reliance Jio and its retail business in the next five years.
In addition, Reliance also announced a long-term alliance with Microsoft to accelerate digital transformation in the country with the launch of new cloud data centres.
The announcement was done by the Chairman of Reliance Telecommunications Mr Mukesh Ambani. Jio will make "connectivity and cloud infrastructure absolutely free for budding startups", Ambani said, and startups can now register for a custom-designed package on Jio.com.