Reliance Industries held its 42nd annual general meeting on Friday. At the event held at Birla Matushri Auditorium in Mumbai, Reliance Industries Limited (RIL) Chairman Mukesh Ambani announced that on September 5, the company will launch Jio GigaFiber Plan across the country.
JioFiber plans will be priced between Rs 700 and Rs 10,000 per month and the company will offer speeds starting from 100Mbps to plans for 1Gbps respectively. “In India even the most basic JioFiber will start at 100 mbps at the lowest end. We have plans to go all the way to 1 Gbps. We are pricing our plan at one-tenth of global rate to make it accessible for every home,” Mukesh Ambani said.
Jio Giga Fiber will essentially offer lifetime free voice calls from high speed broadband and landline phones, plus free high-definition TV and dish with minimum subscription of Rs 700 per month.
Apart from this, by mid-2020, premium customers of Jio GigaFiber will be able to watch any movie sitting at home on the day of its release. Jio has named this scheme as ‘First Day, First Show’.