Mukesh Ambani announces high-speed broadband JioGigaFibre

Reliance Industries in its 41st Annual General Meeting on Thursday announced the launch of JioGigaFibre, the optical fibre-based broadband service that may make India as one of the top five markets in fixed line broadband. While it remains to be seen if this is going to transform the Indian telecom sector, we quickly examine the current situation.

According to the latest data, India is currently at the 10th spot in terms of fixed broadband subscriptions.

The country has shown a steady increase in fixed broadband subscriptions over the past three years.

The share of fibre in total fixed broadband subscriptions is highest in the Commonwealth of Independent States (CIS) and Asia and Pacific.

In developing countries, on average, an entry-level fixed broadband subscription is 1.8 times more expensive than an entry-level mobile-broadband subscription.

The broadband connectivity services will be rolled out in 1,100 cities. The trials are underway and registrations will start this Independence Day. The interested users can register for the service via Jio website and MyJio app. The services will be given to those who are residing in the already feasible areas.