Reliance announces Jio GigaFiber across 1,100 Indian cities

Jio GigaFiber broadband will be accompanied by a set top box for TV.

Reliance Jio has doubled its subscriber base to 215 million in 22 months, Reliance Industries' (RIL) Chairman & Managing Director Mukesh D. Ambani saidin Mumbai on Thurday.
"We have more than 25 million JioPhone users in India," Ambani told shareholders at the 41^st Annual General Meeting of RIL.
He also announced that the company is launching Jio GigaFiber, Jio's fixed line broadband.
The fixed-line broadband will be introduced in 1,100 cities in India.
According to a report in the Livemint, Jio GigaFiber will provide ultrahigh-definition entertainment accessibility to houses on their own TV screens along with a provision of video conferencing, shopping online and virtual reality gaming.
A report in the Economic Times also states that the Jio GigaFiber broadband will be accompanied by a set top box for TV that will boast of a voice command feature for TV and not to forget the broadband will also come with a TV calling attribute.
Mukesh Ambani also said that the company saw its biggest growth opportunity "in creating a hybrid, online-to-offline new commerce platform".
He further added that Reliance Retail's revenue grew by 100 per cent on a year-on-year (YoY) basis Rs69,000 crore last year.
(With inputs from IANS)

• India