At the 42nd annual general meeting (AGM) of Reliance Industries Limited (RIL), the group chairman Mukesh Ambani announced that Jio is coming with its much awaited Jio Fiber services which would provide high speed Fiber-to-the-home (FTTH) services. The services will first be launched in around 1600 towns benefiting 15 million people and it has been announced to commercially roll out from 5th September, 2019.
The FTTH is the installation and use of optical fiber from a central point to the individual such as buildings, residences, offices etc, to provide uninterrupted high speed internet access.
The Jio Giga Fibre will primarily offer free voice calls from landline connections for a period of lifetime and will also include high speed broadband services,besides free High Definition(HD)TV and Direct to Home (DTH) dish services with a minimum monthly subscription of Rs 700.
These services under the plan will be available at one-tenth of current global rates making it one of the cheapest Fiber connections of the world, Ambani unveiled.
The Jio Fiber services will commercially be estimated to roll out on 5th September which will mark the third anniversary of Reliance Jio. The basic plan will start at 100 Mbps and go up to 1 Gbps. The price structure of the plans will be between Rs 700 and Rs 10000 per month. The cheapest data plan is priced at Rs 700 a month with a speed up to 100 Mbps and the high-end plan is priced at Rs 10000 a month with additional features which will provide access to Jio Home TV, broadband and Jio’s IoT.
There will be free voice calls from home forever, Ambani announced. It also has an exceptional feature which provides access to unlimited international calling pack for Rs 500 a month from Jio landline to US and Canada. He has also unveiled Jio Forever Plans where users get free HD/4k LED TV and 4k set top box.
The chairman has also announced that the Jio Fiber Plans with come up bundled with subscriptions to most premium OTTs, that means customers will be able to watch and enjoy the movies the same day they are released.
The services also includes a wide range of applications from digital TV to cloud gaming.
Tesseract, a Mixed Reality (MR) startup also featured its prominence at Reliance AGM where its headset was displayed to the audience. The uses of mixed reality includes virtual shopping, movies and education.
It was also announced that the Jio Fiber’s pre service has exhibited interest from as many as around 15 million people in 1600 towns, adding that the plan is estimated to reach 20 million homes and 15 million business firm in those 1600 towns in the coming years.
Jio’s plan will benefit individual consumers to SMEs and large scale business settlements. The Jio’s Fiber plan will boost and strengthen small businesses with ultra high speed data at cheaper rates, Ambani said.