Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ Technology / News/  Reliance Jio GigaFiber launch likely soon: Report
BackBack

Reliance Jio GigaFiber launch likely soon: Report

Jio GigaFiber plans will be available both in prepaid and postpaid options
  • Reliance Jio GigaFiber will offer broadband at the speed of 1 gbps, 600 TV channels and a landline connection
  • Reliance Jio claims to offer around 10 times the existing speed to broadband users with the launch of Jio GigaFiber.Premium
    Reliance Jio claims to offer around 10 times the existing speed to broadband users with the launch of Jio GigaFiber.

    NEW DELHI : About a year after its unveiling in the company's last annual general meeting (AGM), Reliance Industries is likely to launch Jio GigaFiber services soon, according to a report. Based on fiber-to-the-home (FTTH) technology, Reliance Jio GigaFiber is a combo service that bundles broadband, landline and TV connections. Just like Reliance Jio, which became India's top mobile service operator in just three years, Jio GigaFiber is also expected to be a market disruptor with its cheap pricing plans.

    The commercial launch of fibre-to-the-home (FTTH) services is likely to be announced during RIL AGM on August 12, according to a recent report in The Hindu.

    Having announced its decision to lay FTTH network for its broadband services across 1,600 cities in India, Jio is yet to announce its pricing plans. The telecom operator has been conducting trial runs and preview offers since the last few months.

    Reliance Jio GigaFiber broadband, TV, landline plan:

    Reliance Jio GigaFiber will offer broadband at the speed of 1 gigabytes per second (gbps), 600 TV channels and a landline connection -- all for a monthly subscription price of just 600, Mint had earlier reported.

    As indicated on its website, Jio GigaFiber plans will be available both in prepaid and postpaid options.

    Jio users will also have to pay a security deposit of 4,500 to get the ONT device (GigaHub Home Gateway) provided by the operator. The deposit will be refunded if the customer chooses to discontinue using the Jio GigaFiber services.

    The ONT device will act as the router for the broadband service.

    What's on offer now:

    Currently, Reliance Jio is running a broadband preview plan which gives ultra-high-internet speed of up to 100 Mbps free for a limited period. Under the preview offer, there are no installation charges but there is a refundable security deposit of 2,500 for the ONT device.

    Jio Gigafiber speed:

    Reliance Jio has promised that its broadband service will offer a minimum of 1 Mbps speed that will go upto 1 Gbps. A recent survey report has already crowned Jio GigaFiber as India's No. 1 internet service provider in terms of speed. In February 2019, Netflix ISP Speed Index report found that Reliance Jio GigaFiber was running at a speed of 3.61 Mbps.

    Reliance Jio had recently sought suggestions from users of its MyJio app on what should be the name of its broadband service. Users were given three options to choose from: JioFiber, JioHome and JioGigaFiber.

    Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

    Catch all the Technology News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
    More Less
    Published: 29 Jul 2019, 03:06 PM IST
    Next Story footLogo
    Recommended For You
    Switch to the Mint app for fast and personalized news - Get App