Highlights of Reliance AGM - Demo of fibre-to-the-home-service
Posted on: 12/Aug/2019 2:41:44 PM
During its Annual General Meeting (AGM) today (Monday, 12th August), Reliance Industries Limited (RIL) demonstrated its fibre-to-the-home (FTTH) service and gave a few more details about it.
Jio Fiber services are scheduled to start on 5th September. The base package is priced at Rs.700 and offers 100 Mbps speed.
It may be recalled that this service was announced last year, on 12th August, but the company did not reveal details like data plans and real-time data speeds. Jio did offer the fibre-to-the-home (FTTH) service to early adopters with the GigaFiber Preview Offer, but the service has a capped top speed of 100 Mbps instead of 1Gbps speeds promised during its unveiling last year.
Jio Fiber data plans
Jio Fiber`s cheapest data plan is priced at Rs. 700 per month with speeds capped at 100Mbps.
The top-of-the-line package is priced around Rs.10000 per month with access to broadband, Jio HomeTV and Jio`s IoT.
Ambani informed that Jio is offering landline services with all of its Fiber packages. Voice calling to any Indian operator would be free. He said, "ISD calling tariffs would be 1/5th to 1/10th of industry rates. We are offering unlimited US/Canada pack at Rs. 500 per month".
He also introduced Jio Forever Plans that will give users an HD or 4k LED television and 4k set-top box for free. "We are calling this the Jio Fiber Welcome Offer. I invite all of you to make the most of our Welcome Offer, and sign up for Jio Fiber as soon as it is available in your neighbourhood."
Complete tariff information would be available on 5th September.
Akash Ambani and Isha Ambani said the speed of the network ranges between 100Mbps and 1Gbps. They also talked about the various applications of the service ranging from digital TV to cloud gaming.
Reliance also talked about its mixed reality (MR) startup Tesseract. MR has many use cases including virtual shopping, education and movies. The Tesseract VR headset was also demoed.
Chairman Mukesh Ambani said that Jio is signing up 10 million new customers every month. He said, "The core and aggregation layers of our converge network are already 5G ready. Our wireless hardware is already 4G+ and can be upgraded to 5G," he said.
Reliance revealed that Jio Fiber`s Preview service generated interest from 15 million people in 1,600 towns. Ambani said the services plans to reach more than 20 mill residences in 15 mill businesses in 1,600 towns. 5 Lakh homes are on trial plans and each of these are usising more than 100GB of data. Ambani said, "The US has average internet speeds of 90Mbps, our base plan offers a higher speed".
Jio is also eyeing enterprise customers including small and medium businesses (SMBs) and large businesses with the service. Jio Fiber will enable 2.4 mill SMBs with high-speed data connectivity.
