Reliance Jio to Approach GigaFiber Rollout in a Similar Manner to Jio 4G

Reliance Jio introduced GigaFiber to the public only a few weeks ago. This new fibre-based high-speed internet service is going to be the first of its kind offering by the Mukesh Ambani led telco. As we reported earlier, Reliance Jio has also listed out the preview offerings for its new broadband service, and we can’t help but feel nostalgia over this announcement. The telco has announced that it would be offering the service at very aggressive pricing initially like it was the case with Reliance Jio’s 4G services rollout two years back.

  • Make Telecom Talk My Trusted Source
  • Source of Google
  • Source of Google

jio-gigafiber-rollout

Repeating History With Jio GigaFiber

Notably, Reliance Jio recently released the second quarter reports and we can’t disagree on the fact that the company has been performing exceedingly well. With so many telcos making losses and taking a hit, Reliance Jio has only been on the path of progress. The telco in the Q2 FY19 made a profit of Rs 681 crores denoting a rise of 11.3% sequentially. Since Reliance Jio has already tested its strategy once, it makes sense that the telco is going to stick with it for the launch of its new product as well.

Anshuman Thakur, Reliance Jio’s head of Strategy and Planning also commented on the Q2 reports, “From our point of view, the tariff needs to make sense for the customer. The customer needs to see value in what they are paying, and we will make sure they see value in it. I will not comment on the prevalent tariffs as most customers do not have a choice today as they are subscribing to services because there is a service provider that they need and an alternative is just to not have that service.”