Jio GigaFiber service to launch on 5 Sept 2019

Jio GigaFiber service to launch on 5 Sept 2019

Jio GigaFiber service to launch on 5 Sept 2019

Ambani said that Jio which has amassed over 340 million mobile subscribers in less than three years, is now ready to fire four new growth engines including Internet of Things (IoT) for the entire country, home and enterprise broadband services as well as broadband for SMEs.

The Jio Set-Top Box is touted to enable gameplay in 4K and offer a "zero-latency gaming experience" through Jio Fiber network. Let's break it down.

Cloud computing and challenge to Jeff BezosThe partnership between Jio and Microsoft is a challenge to Jeff Bezos' Amazon Web Services (AWS) in the country that caters to some of the big wigs in the country like Tata, Hotstar, Wipro and Oracle.

The Jio Fiber service will be launched on September 5. Reliance is also bundling free landline service with Jio Fiber.

Aiming to get an instant wide adoption, Jio is offering free HD or 4K TV and 4K set-top-box with annual Jio Fiber data plans. If we look at a typical scenario if one is on a video call on his smartphone and wants to transfer it to continue it on TV via JioFiber broadband will it be a smooth affair? Users can also conduct multi-party video conferences. Existing Jio GigaFiber and new Jio Fiber customers would be able to get voice calling support through the new service. Among these announcements were some details of the Jio Set-Top-Box (STB), a device that will be included with JioFiber connections. Tencent, Gameloft Microsoft, and others have announced that their games will be available on this set-top box.

To attract new customers, a Jio Fiber Welcome Offer will be available.

"This will be at par with the leading gaming platforms globally", asserted Akash Ambani, who briefly played Federation Internationale de Football Association 19 on stage to emphasise on multiplayer support on the Jio Set-Top Box.

Jio will also develop and launch India's largest blockchain network to keep Indian data within Indian borders by installing 1000s of nodes across the country. Reliance Jio will sell Holoboard separately and will be available to users at an "affordable" price.

Reliance Jio also announced free cloud and connectivity solutions for "budding startups" in India.

Dividend payments to the Kingdom amounted to $46.4 billion in the first half of 2019, including a "special dividend" of $20 billion "refecting the exceptionally strong financial performance the company delivered in 2018".

Jio GigaFiber subscribers will also be allowed access to a premium mobility service, called Jio Postpaid Plus.

It was the first time Aramco - a private company owned by the Kingdom - had disclosed its financial strength in a formal results announcement, and followed the unprecedented level of financial information disclosed in April, when it broke world records in the bond markets with a much-in-demand $12 billion issue.

Reliance's big push into cloud services also comes as India, one of the world's fastest growing web services markets, is framing a data privacy law, drafts of which have emphasized storage of key consumer data locally.

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