Bezos watch it, Mukesh Ambani is headed your way

Reliance announces the JioPhone 2 and Jio GigaFiber FTTH service

Reliance Industries held its 41st annual general meeting today in Mumbai. During his address, Chairman Mukesh Ambani informed that Jio's broadband services would be made available in 1,100 cities in India.

The registration process for Jio Giga Fiber and JioPhone 2 will start from August 15, 2018. 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.

Reports suggest that RIL could well announce the commercial launch and prices for its broadband venture, JioFiber service. You can also call a mobile or tablet connected to every network. Reliance Jio has announced its much-awaited broadband services.

Jio GigaFiber has been in beta testing mode since previous year, with consumers in select cities getting access to its Preview Offer with speeds of 100Mbps. The brand has revealed that it will be offering the most advanced fibre-based broadband connectivity solutions in the country.

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. Users will be able to connect VR headsets to their Jio GigaFiber network and view 360-degree content in 4K resolution.

Starting this Independence Day, 15 August, you can start registering your interest for JioGigaFiber through both MyJio app and Jio.com.

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"Since I last spoke, we have doubled our [Jio] customer base to over 215 million now".

Jio subscriber base was at 186.6 million, as on March 2018.

Most brokerages have highlighted that the results have largely been in line with estimates, but have raised target prices up to Rs 1,200. If the execution is carried out well, Jio GigaFiber can be a service that finally brings back sense to the broadband industry.

Thus far, the GigaFiber service has been offered under a preview offer, wherein users could avail of high-speed Internet of up to 100 Mbps for 90 days, along with a monthly data quota of 100 GB.

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