Mukesh Ambani announces launch of high speed fixed line services for homes

Mukesh Ambani announces launch of high speed fixed line services for homes

RIL announced the launch of Ji GigaFiber - the company's FTTH home broadband service - alongside the JioPhone 2 announcement.

Mukesh Ambani on the sidelines of the 41st AGM now underway has unveiled the advanced fiber-based broadband connectivity service called JioGigafiber.

After launching JioPhone a year ago 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.

"While India has pole-vaulted into global leadership in the mobile broadband space we still lag behind significantly in fixed-line broadband".

Reliance's telecoms rival Bharti Airtel now provides broadband to Indian homes as does Tata Docomo and the state-owned BSNL among others.

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Along with this, the company has also announced that JioPhone will now support three popular apps - Facebook, YouTube and WhatsApp.

The company also said it would launch JioPhone2 on August 15. With this new subscriber base number, Jio has closed the gap with Vodafone India and Idea Cellular, whose subscriber base is above 220 million at the end of April 2018.

According to Ambani, "Starting this Independence Day, August 15th, you can start registering your interest for JioGigaFiber through both MyJio and Jio.com". It will also give them access to Jio's app suite. The company will prioritize neighbourhoods with high demand but will be simultaneously doing the rollout in over a thousand cities.

Jio GigaFiber broadband will be accompanied by a set top box for TV. Currently, the fiber cable service reaches reaches only up to the building and not directly into homes because of which users get slow internet speed. Under this offer, buyers can exchange their old feature phone and pay just Rs 501 for the new JioPhone 2, effectively giving a discount of Rs 2,498 to buyers. Think mean ultra-high definition entertainment on your large screen TV, multi-party video conferencing from the comfort of your home, voice-activated virtual assistance, smart home solutions where 100s of devises like security cameras, home appliances and even light switches can be securely controlled by owners using a smartphone - even from outside the home - and more.

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