JioGigaFiber to JioPhone 2: Top 10 announcements from the Reliance AGM 2018

Reliance announces the JioPhone 2 and Jio GigaFiber FTTH service

Reliance announces the JioPhone 2 and Jio GigaFiber FTTH service

JioPhone 2 will be available for the consumers with enhanced features.

Ambani also unveiled the JioPhone "Monsoon Hungama" offer. The high-speed broadband will enable easy watching of Ultra HD movies, making HD video conference calls, and enjoying smart home solutions. Having made India the largest data consumer in 2017, the Chairman and Managing Director of Reliance Industries has now set his sights on putting India among the top five fixed broadband markets in the world. The new JioPhone 2, however, features a QWERTY keypad with a 4-way navigation key, similar to older BlackBerry handsets.

He also introduced another attractive offer to feature phone users. 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. Big announcements were made today for Jio users with the launch of Jio Giga Fiber, the flagship fiber-to-the-home (FTTH) broadband services. Its successor, the JioPhone 2 is priced at Rs.2,999. Jio has been testing its internet service in a few cities in India for a few months now, but the company seems to be ready finally to launch it officially now. Jio on Thursday announced the launch of JioGigaFiber broadband services in India.

Meanwhile, Jio customers have been expecting for an upgraded version of existing JioPhone with an integration of sought-after apps like Facebook, WhatsApp, and YouTube. With over 215 million customers, the Mukesh Ambani-led company has been exploring all possible segments on the Internet.

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"From here onwards, it will depend on the profitability of Jio", said a fund manager, whose mutual fund owns Reliance shares.

While the series of services and gadgets launched by Ambani's in their 41st AGM have left most of us excited, it sure seems like an alarming situation for Amazon boss Jeff Bezos, who enjoys a large market share in India. "We will extend fibre connectivity across 1,100 cities", he said, speaking at the company's annual general meeting (AGM). Registrations for JioGigaFiber will begin from August 15. "This will give you an ultrafast connection with gigabits per second speeds", promised Akash, adding that the router will also give you wall-to-wall high speed Wi-Fi coverage. Additionally, you can also call any smartphone or tablet connected to any network.

The JioGiga Fiber network with all the essentials will turn a home into a JioGigaFiber smart home, in less than an hour. "They can purchase our Jiophone2 at an introductory price of only Rs 2,999".

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