Reliance Jio GigaFiber Broadband Plans to Start at Rs 500, Much Lower Price Than Other ISPs

Reliance Jio in RIL’s 41st Annual General meeting of stakeholders announced that it would be stepping into the broadband sector with the rollout of Jio GigaFiber, a new gigabit broadband service which would commence operating in 1,100 cities initially. A piece of news has surfaced hinting us about the pricing of this new service. The Mukesh Ambani led telco had also revealed that the registration for Jio GigaFiber and related offerings would start on August 15, Independence Day. Also, he said that the initial rollout cities would be chosen depending on the interest which these locations receive in the registration period. Reliance Jio will also be introducing Jio GigaTV, VR headset and other smart home solutions alongside Jio GigaFiber.

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Jio Giga Fiber

Lower Pricing Compared to Other Providers

A person aware of the matter told ET that the pricing of these new Internet-based services would start with as less as Rs 500. Compared to the other cable providers who ship over 100GB data at 100 Mbps for Rs 700-Rs 1000, Reliance Jio would provide the same at just 50% rates, the person said. Reliance Jio plans to do a massive rollout of Reliance Jio GigaFiber before Diwali in metros and 80 tier 1 and tier 2 cities initially. The person also said that the conventional cable providers charge Rs 250-300 extra for providing broadband services to the users. Jio, unlike the other providers, would be offering its services at such low prices because it would be focusing on racking up a high volume of customers.