Reliance AGM 2019: Mukesh Ambani Announces Jio Fiber Launch

Reliance, an industry that has always brought great technology to the Indian household is set to introduce yet another path-breaking digital experience.

Mukesh Ambani introduced the Jio Giga Fiber in the 42nd AGM of the Reliance industries. Among the many announcements that he made like sale of 20% of its stake of the oil-to-chemical business to Saudi Aramco, prominently the announcement was about the launch date and detailed price plans for Jio Fiber. He also mentioned about the offers related to providing Jio 4k set-top box and free calls on a landline. 

What is Jio Giga fiber?

Fiber is the technology of the future. It offers unprecedented speed, that no other technology has been able to offer to date. The motive for developing Jio Giga Fiber is to transform the digital life of people.  

Jio Giga Fiber Plans

The Jio Giga Fiber services commence on the 5th Sept. 2019. They have facilitated a base package of ₹700 and a top-most package of ₹10,000. The benefits tied to the premium package includes access to broadband, the Jio Home TV and Jio’s IoT.

The user as to pay only for data and enjoy unlimited free voice calling on a landline for a lifetime. A provision is made for the ones availing ISD. They target to offer tariffs that are as low as 1/5th to 1/10th as compared to those in the industry. An unlimited pack for calling US/Canada @ ₹500/month is prepared.

What are the main features of Jio Giga Fiber Broadband?

Among the most intriguing features proposed by the RIL is one where customers can enjoy a movie released in theatres on the same day in the comfort of their homes. They plan to actualize this plan by mid-2020. They call it the “First Day First Show” feature.

The internet speed will start from the basic plan at 100 Mbps up to 1 Gbps.

They made an announcement to launch MR(Mixed Reality) headset in the near future.

As a part of the welcome plan, the forever plan greets its customers with a full HD TV or a home Personal computer and a 4K set-top box absolutely free of cost.

The digital set-top box that is to be distributed, will have features like voice-enabled assistants, Ultra HD entertainment, Multi-party video conferencing, VR content, home security, some smart home solutions, and interactive gaming.

Netflix and Reliance Jio Collaboration

Reliance is in talks for collaboration with people’s favorite OTT (Over The Top) platform Netflix. The OTT platform bypasses all cable, broadcast, and satellite TV while directly streaming media only via the internet. If the two giants come together, the users are surely going to cherish. 

A large number of people are waiting impatiently to register for the Jio Giga Fiber as the company has provided reputed services in the past for the internet. Netflix at the same time aims to reach out and crossing the bar of 50 million Indian users. This tie-uptie up would be a benefit to all: Reliance (RIL), Netflix, and the public.

All in all, we filter the Jio Giga Fiber offer in the following three packages:

  1. A base-pack with stupendous speed.
  2. A clubbed pack i.e. a combination of broadband and TV offering.
  3. A premium package that is high end and equipped with IoT(Internet of Things) devices compatibility.

Conclusion:

Reliance is already a big name and has a customer base of nearly 170 million subscribers. With Jio Fiber, it won’t come as a surprise if Jio reaches every nook and corner of India. This will be a matter of delight for many small, medium and enterprise businesses.

We hope that all the claims turn out just as promised and it will be one of the biggest advances technically and digitally for India.

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