Ambani said that since its announcement past year, Jio received over 15 million registrations from almost 1,600 towns. Jio Fiber users will receive a free landline calling and unlimited calling to Us and Canada for Rs 500 monthly.
Here, we're highlighting everything around Jio GigaFiber that grabbed eyeballs during the AGM 2019. This service - Jio First Day First Show - will be launched in mid-2020.
Back in November, Reliance Jio's parent company Reliance Industries, an oil and gas conglomerate, also used blockchain technology to conduct its first trade finance transaction, in an association with HSBC India and ING Bank Brussels.
Reliance Jio has been testing its optical fiber broadband network since August a year ago. However, he did mention that there will be plans up to 1Gbps as well. The basic package will be priced at Rs 700 per month and the basic speed will be 100Mbps.
To attract new customers, a Jio Fiber Welcome Offer will be available. The Welcome offer will apply to annual subscribers of Jio's Giga Fiber service across any plans.
He also announced on Monday that its JioFiber internet services will start on September 5.
It was widely-expected that he would spell out the details of the commercial roll-out of Jio Giga Fiber at Monday's AGM. All these devices will remain connected through the company's Internet of Things (IoT) platform. At an additional cost of Rs 500, you can enjoy unlimited calls to the USA and Canada.
In addition to broadband and fixed-line access, Jio Fiber customers will get access to Jio Postpaid Plus plans, which include a priority SIM-setup service at home.
That apart, it plans to list Reliance Jio and its retail business in the next five years. Under the JioFiber Launch Offer, you can even get the 4K Set-Top box along with an HD LED TV or a Home PC.
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And Catalan newspaper Mundo Deportivo claim that PSG privately believe Barcelona have encouraged Neymar's decision to leave. Barcelona also suggested the possibility of including another player in the deal with midfielder Ivan Rakitic suggested.
"We have a very clear road map to becoming a zero net-debt company within the next 18 months that is by 31 March 2021", Ambani announced at the RIL AGM and went on to set out a clear vision and a roadmap for achieving the feat.
The company also demonstrated a game of Federation Internationale de Football Association running on the set-top box through an Xbox controller. The set top box comes with a built-in graphics card.
Along with GigaFiber, Jio launches GigaTV, which can allow users to live stream high resolution content using a dedicated set-top box.
Soni did not speifically say Jio would prevail over other players and stand-alone operators in the FTTH segment.
"Over the next 12 months, Reliance Jio will install one of the largest blockchain networks in the world in India", Ambani said. The MR headset is developed by Tessarect, a startup Jio invested in recently. "This creates exciting new possibilities for entertainment, shopping, gaming and most importantly for education".
With EDGE, India and its 1,600 cities will be among the first in the world for Indian residents to experience AR, VR and MR on Jio Fiber, according to Ambani. It is touted to be available for purchase in the coming future with an "extremely affordable price".
The company is also working on a Point of Sale (POS) Solution - Jio Prime Partner POS, which is said to enable inventory management, customer relationship management, financial services and other services for small merchants.
Saudi Aramco will buy a stake in the refining and chemicals business of India's Reliance Industries Ltd., moving to diversify from Saudi Arabia as its first half-year earnings report showed a drop in net income.