Mukesh Ambani unveils Jio GigaFiber starting ₹700 a month
Live MintNew Delhi: Reliance Industries has unveiled its much awaited wired broadband service Jio GigaFiber starting at ₹700 a month going up to ₹10,000 a month depending on the usage plans, which will combine wired broadband, television content, landline calling and a host of smart solutions such as multi-player gaming and video conferencing. In fact, at the last annual general meeting of Reliance Jio’s parent Reliance Industries Ltd in July 2018, chairman Mukesh Ambani had announced that GigaFiber will be the largest greenfield fixed-line broadband rollout globally. A few months later, in October, Reliance said it would buy majority stakes in Den Networks Ltd and Hathway Cable and Datacom Ltd for ₹5,230 crore—a move that it said would boost Jio GigaFiber. The commercial launch of Jio GigaFiber could disrupt the wired broadband market in the same way Reliance Jio disrupted the wireless market in September 2016.