Reliance Jio's much awaited fiber-to-the-home service was finally commercially launched on Thursday. It was already announced that its plans would be available between ₹700 and ₹10,000, but now we know that they are spread across six tiers that Jio has named after precious substances—Bronze, Silver, Gold, Diamond, Platinum and Titanium. Here's how they go:
Price: ₹699
Speed: Up to 100Mbps
Data cap: 100GB
Price: ₹849
Speed: Up to 100Mbps
Data cap: 200GB
Gold
Price: ₹1,299
Speed: Up to 250Mbps
Data cap: 500GB
Diamond
Price: ₹2,499
Speed: Up to 500Mbps
Data cap: 1,250GB
Platinum
Price: ₹3,999
Speed: 1Gbps
Data cap: 2,500GB
Titanium
Price: ₹8,499
Speed: 1Gbps
Data cap: 5,000GB
It should be noted that the service comes with some fine print that you should be aware about.
For instance, the prices mentioned above are exclusive of GST and extra data is available on long term plans as an introductory benefit. Interested buyers will have to make a one-time payment of ₹2,500 which comprises ₹1,500 security deposit and ₹1,000 non-refundable installation.
At the Annual General Meeting, Mukesh Ambani said that Jio Fiber plans will come bundled with subscriptions to most leading premium OTT applications. There is, however, a clear hierarchy when it comes to distribution of this across the plans.
Bronze users will get three-month access to JioCinema and JioSaavn while the Silver users will get all OTT apps provided by Jio for three months. All other plans will get an annual subscription to all OTT apps.
There are also long-term plans that offer three-month, six-month (biannual) and annual subscriptions. Jio says that it is providing benefits like a month or two months of free Jio Fiber service. This doesn't mean that you'll get an additional month in your six month cycle; instead it means the subscription charge of a month is waived off, which means you are paying for five months instead of six.
Long term Diamond, Platinum and Titanium customers will also receive a TV, but the make and model of the TV isn't revealed by Jio. They have, however, mentioned the price of the TVs.
Gold and Diamond customers will get a 24-inch HD TV worth ₹12,990. Here, Gold customers only with a two-year subscription will receive the free HD TV.
Platinum users will receive a 32-inch HD TV worth ₹32,990 and Titanium will get a 43-inch 4K TV that Jio claims is worth ₹44,990.
While the bundled set-top-box is capable of providing gaming, device security, home networking, VR experience, video content services and even TV video calling and conferencing, subscribers will have to purchase compatible devices like cameras, microphones and so on.
Catch all the Technology News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.