Reliance JioGigaFiber launch: Expected broadband data plans, pricing, and more

Reliance Jio is gearing up for the commercial launch of its long-awaited GigaFiber broadband service. The operator is also expected to reveal GigaFiber data plan pricing and other related services and products at its Annual General Meeting on August 12. Ahead of the official launch, US brokerage firm Bank of America- Merrill Lynch has revealed what to expect from Reliance Jio GigaFiber’s commercial launch in India.

According to the firm, Reliance Jio is unlikely to give big discounts on its new home broadband service but will focus on clubbing value-added offerings. It also said that Reliance Jio will aim to reach 50 million GigaFiber subscribers in the next three to five years. Bank of America- Merrill Lynch predicts GigaFiber will debut with at least three data plans, expected to start at as low as Rs 500 per month.