Speaking at the 41st Reliance annual general meeting, Chairman Mukesh Ambani officially launched the new fibre broadband system ‘Jio GigaFiber’ across 1,100 cities on Thursday, stepping up its push on internet services.
This much awaited, fibre-to-the-home (FTTH) broadband services, which will be available for both residential and commercial locations, will be a boom for the telecom sector. Addressing the company’s annual general shareholders meeting, Reliance Chairman Mukesh Ambani said.
“Company’s telecom arm, Jio, is on track to cover 99% of the country. Jio GigaFiber will enable households to access ultra high-definition entertainment on large screen TVs, multi-party video conferencing from the living room, voice-activated virtual assistants, virtual reality gaming, digital shopping and immersive experiences.
Starting on August 15, India’s Independence Day, the users will be able to register for the Jio GigaFiber service via Jio website and MyJio app, however, the priority will be given to those who are residing in the already feasible areas.
The Jio GigaFiber will come in two services – Jio GigaFiber router and Jio GigaFiber DTH box. While the former will be more suited for Internet consumption on multiple devices with up to 1Gbps speeds, as the company claims, the latter will look to redefine the home entertainment experience with the services available on a television.
Mukesh Ambani’s son and daughter Akash and Isha Ambani also launched JioPhone 2 with advanced features. The new phone will be available for Rs 2,999 effective August 15, along side the existing one. JioPhone is a feature phone that was launched by Reliance Jio last year with an effective price of ‘zero’.