RIL AGM 2019 highlights: JioGigaFiber commercial launch on September 5, other key announcements
Reliance is betting big on next-generation technologies Internet of Things, Blockchain, and ultra fast fixed broadband. The company on Monday announced a partnership with Microsoft for implementing Azure edge computing in its data centers. Mixed Reality and cloud gaming were also showcased at Reliance’s AGM today.Reliance also revealed its GigaFiber broadband service will be commercially available starting September 5. Reliance Jio’s Fiber data plans will be available at a starting price of ₹700 and go up to ₹10,000. The base plan of Jio Fiber will offer 100Mbps data speed and the maximum speed will go up to 1Gbps. Jio even demonstrated a speed test of its GigaFiber service reaching 1Gbps internet speeds. Reliance Jio is also offering free HD TV and set-top-box to customers who subscribe its annual Fiber plans. “Jio has made India data-shining bright. Today Jio customer base stands at over 340 million... The potential for growth is immense and half a billion customers, is now I believe well within our reach,” said RIL Chairman Mukesh Ambani.Here are the highlights from Reliance’s AGM today.
Reliance announced a partnership with Saudi Aramco and BP. The company also introduced new products aimed at retail, entertainment and telecom sectors. Reliance’s JioGigaFiber broadband will be available starting September 5. Jio also introduced gaming platform and new TV service. Reliance is also going to focus on blockchain and edge computing as it announced partnership with Microsoft.
Reliance announces a “new commerce” initiative. Tech-enabled partnerships bring AI and other benefits for this “new commerce.”
Satya Nadella at RIL AGM
Microsoft CEO Satya Nadella’s message at AGM:Microsoft will partner Reliance Jio to offer 365 solutions and Azure cognitive services.
Jio, Microsoft partnership
Reliance Jio and Microsoft have entered into a partnership to accelerate digital transformation in India. Reliance Jio will set up data centers across India while Microsoft will provide Azure computing platform.
Reliance Jio will also use blockchain across industries. It will also use blockchain to offer users data privacy. Reliance will setup “the world’s largest blockchain network.” The company will also invest in Mixed Reality and Virtual Reality. It is also setting up a pan-India edge computing network.
Jio Welcome Offer
“Jio Fiber Welcome Offer - Jio Fiber customers opting for annual plan - JIO-FOREVER plan - will get a FULL HD TV or a Home PC and a 4K SET-TOP-BOX absolutely free,” said Mukesh Ambani.
GigaFiber availability & price
Reliance Jio GigaFiber will be commercially available from September 5. The base plan with 100Mbps will start at Rs 700 per month. The most premium Jio Fiber plan will cost Rs 10,000 per month. Fixed landline calling will be free. It also introduced low-cost pack for US/Canada international calling at Rs 500 per month. Premium Jio fiber customers will be able to watch newly released movies on the same day. Jio’s ‘First Day First Show’ release mid 2020. Jio Fiber will be bundled with popular OTT services.
Entertainment and Mixed Reality
Reliance showcased a Mixed Reality solution for entertainment. The MR headset delivers a cinematic experience. The device is called Jio Holoboard. ALSO READ: Reliance Jio GigaFiber commercial launch announced: Check details here
Reliance introduced a new VR-based product. The demonstration shows users can do shopping through VR platform and even customise their purchases.
Reliance Jio introduces a new gaming platform.The gaming set-top-box supports all popular controllers. You can do multiplayer gaming. The platform leverages Gigafiber’s broadband service and is said to deliver “zero latency.”
GigaFiber data speeds
Reliance Jio demonstrated its 1Gbps Gigafiber data speeds. It also showcased ultra fast multi-party video conferencing solution for home users. The base plan will offer 100Mbps of data speed.
GigaFiber commercial launch
Jio Fiber Services will be launched on commercial basis on September 5 on Jio’s 3rd anniversary. The company also demonstrated 1Gbps data speeds.
Reliance Jio’s 4K Set-top-box can accept broadcast signal from local cable operators partner cable.
Ambani revealed Jio Fiber service generated 15 million registrations across 1,600 towns. The company plans to reach 20 million residences and 15 million business investments. Trial on-going with 0.5 million homes already. Jio is using “feedback” from the trial to fine-tune service.
Jio’s new four new connectivity windows
Ambani said Jio will now focus on the following:
Internet of Things
Home broadband service
Enterprise broadband service
SME broadband service