Reliance Industries Largest Tax Payer In Private Sector: Mukesh Ambani

Reliance announces the JioPhone 2 and Jio GigaFiber FTTH service

"Jio is determined to move India to among the top 5 in fixed-line broadband, too", he said.

This year's AGM saw several announcements such as Jio Giga Fiber, the next Jio Phone and more. It now offers fibre-to-the-home (FTTH) broadband connections with 1.1TB (terabytes) of free data at a speed of 100 mbps.

What does this mean for your home?

Reliance Jio will also soon detail a broader smart home platform which will include a handful of home products like surveillance cameras, connected speakers, GigaTV, smart plugs, thermostats, and more. The first step would be to install the GigaRouter at your premises. If you are interested in getting a JioGigaFiber connection, you can show the interest by going to or through MyJio app from August 15th.

This set-top-box is touted to come with advanced features such as video calling feature, allowing users to make video calls from their televisions. "This changes the way India will watch TV", he summed up.

"Gone are the days of Mbps, now it will be about Gbps", said Isha Ambani at the AGM.

High Speed Network One of the known advantages of optical fibre-network has been the high-speed internet connectivity.

Jio also confirmed that JioPhone will also be sold alongside the original JioPhone in India.

"The term loan facility will be used to finance goods and services procured primarily from Samsung and Ace Technologies", Jio said.

For smart home solutions, Jio will first set up a GigaRouter at your home.

Smart Homes With its new JioGigaFiber network, Reliance Jio is also looking at building an ecosystem for high-speed IoT and democratising other futuristic technologies such as Virtual Reality.

The company's JioPhone2 will be available at an introductory price of only Rs 2999 starting 15th August. RIL is now running beta trials in tens of thousands of homes for the JioGigaFiber. The company will roll out the services in localities based on the interest it has received from the registrations.

While explaining the broadband for large enterprises, Ambani said that fixed-line broadband will mean having the ability to compete in the global marketplace, using digital tools and techniques that are powering the fourth industrial revolution.



Latest news

Leaked Trump Draft Bill Would Ditch WTO Trade Rules
Those statements follow the presidents comments about the bloc's treatment of trade deals with the U.S. The bill, first reported by news outlet Axios , would mean a dramatic shift in trade policy.

British PM meets Dutch counterpart in key Brexit week
On Monday, May called on European Union leaders to show flexibility and look "seriously" at the UK's Brexit plans. There is speculation the PM could be about to lay out plans for such a "soft Brexit ".

Trade Tariffs Getting Global Pushback: Trump v
TARIFFS LOOM: The U.S. will start imposing a 25 percent tariff on $34 billion in Chinese imports this Friday. The study further suggests that the cost to from the import duties would be at least 195,000 jobs.

Trump moves to block China Mobiles U.S. entry on security concerns
The company wasn't seeking to offer mobile services directly to U.S. customers, according to the United States filing. The National Telecommunications and Information Administration (NTIA), an agency under the U.S.

ICE protesters arrested at Statue of Liberty
The protest group, Rise and Resist, earlier said the climb wasn't connected to the banner demonstration . The climber ascended from the observation point, National Park Service spokesman Jerry Willis said .

Other news