PuneNow, August 28, 2023: Reliance Industries Limited (RIL) announced an array of groundbreaking products and services at its 46th Annual General Meeting (AGM), headlined by the launch of Jio AirFiber, a high-speed wireless broadband service for homes and offices. Set to be launched on Ganesh Chaturthi, it aims to revolutionize the way India connects to the internet.

Jio AirFiber Takes Flight

Scheduled for a pan-India rollout by December 2023, this device is touted as a game-changer in wireless broadband technology. According to a recent report by ET Telecom, the service will be priced around Rs 6,000, a full 20% lower than other market alternatives like Airtel Xstream AirFiber.

Jio SmartHome: A New Age of Connectivity

Simultaneous to Jio AirFiber, RIL also introduced Jio SmartHome, a service that promises to provide a plethora of solutions including home security, entertainment, and connected appliance control. The services will be accessible through Jio Fiber and Jio AirFiber, offering users an all-encompassing smart home experience.

Bridging the Digital Divide

Mukesh Ambani, Chairman of RIL, announced a special initiative to upgrade over 200 million 2G users to 4G using the affordably priced Jio Bharat phone at just Rs 999. This 4G-enabled device will offer features like video streaming and UPI payments, making digital services accessible to a larger segment of the population.

Jio True5G: The Enterprise Game Changer

The conglomerate also disclosed its Jio True5G developer platform aimed at catering to enterprises and small businesses. This platform will integrate 5G networks, edge computing, and a spectrum of applications, allowing for on-demand network slicing and diverse application deployment. As part of this focus on the enterprise sector, RIL plans to open the Jio True5G Lab to co-create industry-specific 5G solutions.

AI Computing: Targeted and Sustainable

Towards the end of the meeting, Ambani also revealed RIL’s vision for AI computing. The company plans to develop India-centric AI models that will serve the government, businesses, and consumers. With a commitment to green energy, RIL aims to build up to 2,000 MW of AI computing capacity.

Strong Performance Metrics

In a testament to Jio’s formidable market presence, Ambani told shareholders that Jio’s customer base has surpassed 450 million, showing a year-on-year revenue growth of over 20%.

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Frequently Asked Questions

What is Jio AirFiber?

Jio AirFiber is a high-speed wireless broadband service launched by Reliance Industries Limited (RIL). It aims to provide seamless internet connectivity for homes and offices. The service was announced at RIL’s 46th Annual General Meeting and is scheduled for a pan-India rollout by December 2023.

What is the price of Jio AirFiber?

According to a recent report by ET Telecom, Jio AirFiber is expected to be priced around Rs 6,000. This price point is about 20% lower than other competing services in the market, such as Airtel Xstream AirFiber.

Is Jio AirFiber portable?

As of the information available, Jio AirFiber is designed to provide wireless broadband connectivity for homes and offices. There has been no official confirmation on its portability features. It is primarily intended to be a fixed wireless access solution for stable, high-speed internet.

What is the difference between Jio Fiber and Jio AirFiber?

Jio Fiber is a wired broadband service that uses fiber-optic technology to provide high-speed internet, TV, and voice services. On the other hand, Jio AirFiber is a wireless broadband service. While Jio Fiber requires physical cabling and infrastructure, Jio AirFiber aims to offer a more flexible and convenient option for those who prefer a wireless setup. Both services are designed to integrate with Jio SmartHome solutions, offering a range of services like home security, entertainment, and connected appliance control.

Conclusion

Although RIL refrained from disclosing any Initial Public Offering (IPO) plans for Reliance Jio Infocomm, the suite of products announced today is expected to solidify the telecom giant’s position as a key player in India’s digital and technology landscape. With aggressive pricing and wide-ranging services, Jio AirFiber is all set to lead this charge.

For more information, stay tuned.