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Reliance AGM 2019: Highlights of Meeting

Jio Fiber – Fiber to the home(FTTH) service will be commercially available from September 5th, 2019.

  • Speeds ranging from 100 Mbps to 1 Gbps for different plans.
  • Basic plans starting from Rs 700 to premium plans at Rs 10000 per month.
  • JioFiber plans come bundled with leading over the top(OTT) service subscriptions.
  • Customers opting Jio Forever plan – to get a full HD television or a Home PC and a 4K SET-TOP-BOX for free.
  • Jio First Day First Show plan available with premium packages to stream movie on the same day of release will be rolled out in the middle of 2020.
  • Cloud partnership with Microsoft Corporation.
  • Jio-Azure to provide free cloud platform service for Indian Technology Startups.
  • Voice calls will be free for home broadband subscribers.
  • Unlimited international calling will be available for Rs 500 to US and Canada.
  • Plans come in three formats:
    1. Broadband only.
    2. Broadband + TV.
    3. Internet of Things(IoT).
  • Jio’s IoT platform to be commercially available from January 1, 2020.

Apart from these highlights, Saudi Aramco will buy 20% stake of Reliance oil to chemical business in a $75 Billion Deal.