Reliance AGM: Mukesh Ambani unveils Jio Fiber & the mother of all set top boxes
Jio Giga Fiber will essentially offer lifetime free voice calls from landline phones and high speed broadband, besides free high definition TV and dish with minimum subscription of Rs 700 per month.
Services under the plan will be available at one-tenth of current global rates, Ambani announced.
Jio Fiber services will be started on a commercial basis from 5th September this year, which is the third anniversary of Reliance Jio.
The basic plan will start at 100 Mbps and go up to 1 Gbps. Jio Fiber plans will be priced between Rs 700 and Rs 10,000 per month.
The cheapest data plan is priced at Rs 700 a month, and has speeds up to 100Mbps. The top-end plan comes at Rs 10,000 a month and provides access to broadband, Jio HomeTV and Jio's IoT.
Voice calls from home will be free forever, Ambani announced. The plan also features an unlimited international calling pack from Jio landline at Rs 500 per month, to US and Canada.
Ambani also unveiled Jio Forever Plans under which users will get an HD or 4k LED television and 4k set-top box for free.
JioFibre plan will come bundled with subscriptions to most premium OTTs, which means customers will be able to watch movies the same day they are released, in their living rooms.
The services features a wide range of applications, from digital TV to cloud gaming.
Mixed reality (MR) startup Tesseract also featured prominently at the Reliance AGM, where Tesseract VR headset was displayed to the audience. The uses of mixed reality include movies, virtual shopping and education.
Ambani revealed that Jio Fiber's pre-service evinced interest from as many as 15 million people in 1,600 towns, adding that the plan is to reach more than 20 million homes and 15 million business establishments in those 1,600 towns.
Jio's plan also involves tapping enterprise customers from businesses — both SMEs and big businesses. Jio Fiber will empower millions of small businesses with high-speed data, Ambani said.