JioPhone 2 launched at Rs 2,999; Jio GigaFiber rollout from August 15

NEW DELHI: Reliance Industries put its rivals on notice on Thursday as it unveiled 'Jio GigaFiber', the much-awaited fibre-to-the-home (FTTH) broadband services.

Jio GigaFiber broadband will come with a set top box for TV and will have enabled voice command feature for TV. Besides, it will have a TV calling feature.

Mukesh Ambani's son and daughter Akash and Isha Ambani, meanwhile, launched JioPhone 2 with advanced features. The new phone will be available for Rs 2,999 effective August 15, along side the existing one. JioPhone is a feature phone that was launched by Reliance Jio last year with an effective price of 'zero'.

The announcements were made at the 41st annual general meeting (AGM) of Reliance Industries.

The company said it is targeting 100 million users of JioPhone in the shortest time. "JioPhone generates more than 20 crore voice commands every month," Isha said.

Ambani said the company will also launch three of the world's most popular apps Facebook, Whatsapp and Youtube on JioPhones.

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Addressing Reliance Industries' shareholders, CMD Mukesh Ambani said JioPhone Monsoon Hungama will start from July 21, where the existing customers can replace their old Jio phones with the new one for Rs 501. The company said it would launch three of the world's most popular apps Facebook, Whatsapp and Youtube on Jiophones.

The registration for JioGigaFiber broadband will too begin from August 15 either via MyJio or Jio.com. The company will start rolling out service in localities, evincing highest interest.

Thus far, the service was being offered under a preview offer, wherein users were offered high-speed internet up to 100 Mbps for 90 days along with a monthly data quota of 100 GB. They were also being offered complimenta ..

The company was charging no installation charges but was taking a refundable security deposit of Rs 4,500 for the ONT device (GigaHub Home Gateway).

The high download and upload speeds enable UHD, Video conferencing and variety of camera application usage and experience seamlessly. On consumption of 100 GB of data quota within a month, preview data users were being offered a complimentary data top-up of 40 GB via MyJio App or through Jio.com.

Jio has enabled Reliance Industries to strategically reinvent itself as a tech platform company, Mukesh Ambani said. Digital platforms have become new-age factories, he said.

Meanwhile, Reliance Industries also announced plans to grab a share of the fledgling e-commerce market through what the company called a hybrid platform that aims to bring small retail players on to the online platform.

Addressing Reliance Industries' 41st annual general meeting (AGM), Chairman and Managing Director Mukesh Ambani said he sees the biggest growth opportunity for Reliance Retail in creating a hybrid online-offline market.

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