Hathway Broadband, which has a strong foothold in major cities across the country has introduced a 50 Mbps broadband plan priced at Rs 499. Although the plan is priced at Rs 399, it can be availed for Rs 349 as part of the company's discount offer right now. Also, the Internet Service Provider is providing the 50 Mbps plan at a discounted rate for the users who choose it for one month. Notably, this plan is introduced in Hyderabad city at the moment, but we're expecting Hathway to bring it to other cities such as Hyderabad, Bengaluru, Mumbai, Chennai and others very soon. The highest plan offered by Hathway right now is 100 Mbps in Hyderabad, but it also promised to launch 300 Mbps plan this month, so expect a formal announcement very soon.
Recent Broadband Plans from Hathway
Like stated above, the cable service provider has been rolling out a bunch of new plans recently in different circles. In the Chennai circle, the provider has launched a new plan with 300 Mbps speed for a monthly rental of Rs 1,699. As per the Hathway website, this plan offers 2TB of FUP data, and post the usage of this limit; the speed throttles down to 5 Mbps.
Additionally, Hathway is also shipping an annual subscription offer in this plan, as part of which the monthly rental of this plan comes down to Rs 1,250 per month. In the Chennai circle only, Hathway is also offering plans like the Rs 1,049 per month plan which packages 1TB of data with 200 Mbps speed, Rs 949 per month plan shipping1TB data with a 100 Mbps speed, and a Rs 999 per month plan which bundles 1TB data at 150 Mbps speed. However, all these plans from Hathway are in a little contrast with the newly introduced Rs 349 plan as they all come with a FUP limit.
It has also come to our notice that the Rs 1,699 plan by Hathway broadband, first introduced in Chennai circle, will also be introduced in other circles as well. Besides the data benefit, the subscribers of Hathway will even get a TP-Link Deco M5 mesh along with the plan, after the activation of their subscription. The TP-Link Deco Mesh offers two Gigabit Ethernet ports, a USB Type-C adapter, support for Bluetooth and a quad-core CPU. The mesh will also provide support for Wi-Fi connectivity and Alexa integration as well.
Jio GigaFiber Deal Benefits Hathway
While the news of the launch of FTTH service by Reliance Jio, by the name of Reliance Jio GigaFiber has become a significant threat to other broadband providers, Hathway has become an outlier in this game thanks to the recent buyout of a substantial stake in the company by Reliance Industries Limited (RIL), the parent company of Reliance Jio. As such, Reliance Jio will be taking Hathway’s help for establishing last mile connectivity for Jio GigaFiber. The stocks of Hathway have also sky-rocketed after the news spread.
It’s also worth noting that Reliance Jio is already gearing up for the launch of its FTTH service and has released the preview offers as well. Further, the industry is expecting an impending broadband war since Reliance Jio has shown an inclination towards taking the same path as it did for the initial launch of Reliance Jio. This move by the latest telco entrant is expected to deliver a dent to other providers like ACT Fibernet, which occupy a significant market share in metro cities. As a result of this awaited rollout by Jio, ACT is already revising its plans in tier 1 and tier 2 circles. The speed of the Rs 1,050 plan in Hyderabad circle has now been bumped up to 100 Mbps. The A-Max plan by ACT which comes with Rs 1,299 rental now offers a combined download and upload speed of 150 Mbps. The Rs 1,999 Incredible plan has been revised to deliver 200 Mbps, up from the previous 150Mbps speed.