Record deal run maps consumer ambitions of Mukesh Ambani

Record deal run maps consumer ambitions of Mukesh Ambani

Record deal run maps consumer ambitions of Mukesh Ambani

The JioPhone 2 is priced at an introductory price of Rs 2,999 and will be available from August 15th. The company also announced a second generation device labelled the JioPhone 2 at the event.

Ambani said that the "Jio GigaFiber" service will offer ultra-high definition (UHD) entertainment on large screen TVs.

Shares in rival Indian firms that offer home broadband services fell after Reliance unveiled JioGigaFiber.

Reliance Jio also announced the JioPhone 2 running on KaiOS and featuring a QWERTY keypad, VoLTE, VoWi-Fi and LTE Cat.4 which supports download speeds up to 150 Mbps. It supports voice command feature on TV. The company is betting big on the optical fiber-based fixed broadband segment which is now dominated by BSNL, Bharti Airtel along with other smaller players. India now ranks 134 in fixed line broadband services with the quality and speed of services leaving much to be desired.

The company also said it would launch JioPhone2 on August 15.

The company is also expected to unveil the fourth quarter performance last fiscal of RIL and Reliance Jio.

Jio GigaFiber trials are underway and registrations will start this Independence Day. Reliance is bringing WhatsApp, Facebook and YouTube to the Jio Phone.

"We have more than 25 million Jio Phone users in India".

Jio now has 215 million subscribers and is on track to cover 99 percent of the country, Ambani said. "India is ranked quite low, at 134th spot in global rankings", said the company's Chairman and Managing Director Mukesh Ambani, adding that "Jio is determined to move India to be among the Top 5" in this space in the coming years. Interested users can register their names via Jio.com or MyJio app.

Another interesting feature is the JioGigaTV calling, which will allow you to make video calls to every other TV powered by JioGigaFiber as well as any mobile or tablet connected to any other network.

To complete a smart home setup, Reliance Jio will also be offering a range of Jio Smart Home Accessories like Door Sensor, Smart Plugs, Smart Speakers, Smart Doorbells, 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 in selected markets across the country.

JioGigaFiber will offer smart home solutions such as real-time surveillance and security solutions for homes and enterprises. Under this offer, buyers can exchange their old feature phone and pay just Rs 501 for the new JioPhone 2, effectively giving a discount of Rs 2,498 to buyers.

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