MUMBAI (Reuters) – Indian conglomerate Reliance Industries unveiled a fiber broadband system and said it will extend connectivity to 1,100 cities, stepping up its push to expand in the country’s telecoms and internet services sector.
Reliance Chairman Mukesh Ambani, India’s richest man, said at the oil-to-telecoms giant’s 41st annual general meeting that the company will begin registrations for its fiber-to-home service JioGigaFiber from Aug. 15, India’s Independence Day.
Smart - Home - Solutions - Surveillance - Security
Smart home solutions such as real-time surveillance and security solutions for homes and enterprises will ride on the fiber network, which will potentially connect 50 million homes, Ambani told shareholders at the AGM.
Reliance has been testing its fiber broadband system in some cities, offering what it says are higher internet speeds than regular broadband where speed is lost as the fiber reaches only up to the building and not directly into homes.
Ambani - Price - Plans - JioGigaFiber - Reliance
Ambani did not give price plans for JioGigaFiber, unlike for Reliance’s telecoms venture Jio that was unveiled in late...
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