At the Reliance Industries Limited (RIL) 42nd Annual General Meeting (AGM), the biggest news was regarding the launch date of Jio Fiber commercial launch. The launch date is of 5th of September which is basically the date marked as the third anniversary of the launch of Jio services. Some other announcements including Jio set-top box, Jio Post-paid Plus plans for Fiber customers, the Jio Fiber Welcome Offer, as well as a partnership with Microsoft were also made at the meeting.
The Chairman and Managing Director of the Reliance Industries Limited, Mr. Mukesh Ambani revealed that till now Jio GigaFiber has received around 15 million registrations for its Fiber home broadband service. He also said that the company aimed to reach 20 million residences and 15 million business institutions across 1600 towns. The process will last with the setup at the 1100 towns as per the announcement was done last year. Since 2016, the Jio Gigafiber is in the testing phase and is currently piloted in 5 lakh homes. He also announced that Jio Gigafiber Internet of things platform will be commercially available from January 1, 2020. He announced the partnership with Microsoft and revealed the plan of the company to create one of the largest networks with tens of thousands of nodes over the next 12 months with the aim to store Indian data securely within Indian borders.
Jio Fiber plans will be offered at the price between Rs. 700 and Rs. 10,000 per month. Jio Fiber plan services also offer free voice calls from home to any Indian Operator and for international voice calling the company will offer the lowest fixed-line rates. In the meeting, an unlimited international calling pack for calls to US and Canada was announced for Rs. 500 per month. As for now, the Jio Fiber plans start from 100Mbps and Jio Fiber will be introducing plans for 1Gbps very soon.
At the meeting, the chairman also announced that Jio Fiber plans will come with Hotstar Premium and Netflix subscriptions. The premium Jio Fiber customers get the benefits of watching the movies the same day they are released under the service named Jio First Day-First Show. This service will be launched in the middle of 2020. Jio fiber subscribers will also get the benefit of Jio Post-paid Plus. The Jio Post-paid Plus will offer priority SIM set-up service at home, family plans with data sharing, international roaming, and phone upgrades at preferential rates. Not only this much, but Jio Fiber subscribers opting for annual plans (called Jio Forever Plans) will also get an HD LED or 4K TV and a 4K set-top box free as per the Jio fiber Welcome offer. The Jio set up box is claimed to be designed to accept TV signals from LCO partners.
Mr. Ambani also said that collaborating with Microsoft, he is planning to provide cloud infrastructure plans for the country. For the start-ups, Jio will offer connectivity and cloud infrastructure absolutely free. The start-ups can now register on custom-designed package on Jio.com from January 1, 2020.