Reliance AGM Live: JioPhone 2, Jio GigaFiber Broadband Announced

Here’s what to expect at the event.

Reliance could finally launch its JioFiber broadband service. 

(Photo: BloombergQuint)

Reliance Industries just concluded its Annual General Meeting (AGM) where the company’s chairman Mukesh Ambani announced a slew of offerings for Jio customers.

The company’s telecom division, Reliance Jio, has flourished under the ambit of affordable internet that has forced its competition to drop data prices like never before.

While the AGM is mostly about Reliance sharing its plans with the shareholders, it was a feast for consumers who kept a close eye on some of the Jio-centric products announced. After all, the AGM was the platform where Reliance commercially launched its Jio service a couple of years ago, and also introduced JioPhone to the world.

Here are some of the key announcements made at the event:

Ambani Introduces Exchange Offer For JioPhones At Rs 501

Customers will now be able to exchange their feature phones for JioPhones for Rs 501, starting July 21, said Mukesh Ambani today.

• Customers can exchange existing feature phones for JioPhones for Rs 501 starting July 21.
  
• Existing JioPhone scheme will continue.
• Effective entry cost of JioPhone reduced to Rs 501 from Rs 1,500.
• JioPhone 2 will be available at an introductory price of Rs 2,999.
• YouTube, WhatsApp and Facebook services will be available to JioPhone users from August 15.

Customers can exchange any existing feature phone for a JioPhone for just Rs 501.(Photo: Reliance Jio)

With this, the company is aiming to reach the 100 million JioPhone users.

Akash Ambani On Jio GigaFiber

1. Set-top box will also be clubbed with JioFiber.
2. Jio remote will also be voice activated; will accept multiple Indian languages.
3. Router will give wall-to-wall high-speed Wi-Fi coverage.

GigaFiber registrations to start 15 August(Photo: Reliance Jio)

RIL Announces JioPhone 2

The company launched JioPhone 2 which comes with a horizontal screen feature and a full QWERTY keyboard, Isha Ambani said. The JioPhone 2 will be available in the market starting 15 August at Jio retail stores.

JioPhone 2(Photo: Reliance Jio)

Ambani Announces Jio GigaFibre

Ambani announced a new broadband service called the Jio GigaFiber. He also went on to add that the registrations for this service will start from 15 August and users can expect speeds up to 1 Gbps.

1. Jio to extend fiber connectivity to homes, small and medium enterprises.
2. Will roll out broadband connectivity services in 1,100 cities.