Jio Fiber launch on September 5

Reliance Industries Ltd is set to commercially introduce 'Jio Fiber' starting September 5, 2019. The subscriptions starting from Rs 700 per month, promises free voice calls for life from landlines, 100 Mbps minimum broadband speed and free HD TV set on a commitment to an annual plan.

Mukesh Ambani, chairman and managing director, RIL, said at the company's 42nd annual general meeting, "In India even the most basic Jio Fiber plan starts with 100 Mbps speed and we have plans all the way up to 1 Gbps or 1,000 Mbps. Jio Fiber plans will be priced between Rs 700 to Rs 10,000 per month to suit every budget."

While the Jio Fiber plans will come bundled with subscriptions to most leading premium Over The Top (OTT) applications, the 'Jio First Day First Show' offering will be introduced sometime in mid-2020.

Additionally, the default tariff plans for its unlimited international calling pack will be one-fifth to one-tenth of existing market tariffs. The charges for calling from Jio landlines to the US and Canada will be Rs 500 a month.

"On fixed-line international voice calling, we are today ending the era of high international calling rates on landline by announcing the lowest fixed-line rates for international calling," he said during the AGM on Monday.