Reliance JioPhone 2 launched at Rs 2,999: All you need to know

Jio Giga Fiber Announced for 1,100 Cities Registrations Begin August 15

After launching JioPhone previous year that garnered 250 million users, Reliance has announced that it will make available JioPhone 2 starting August 15 at an introductory price of only Rs 2,999.

Billionaire Ambani said the company was targeting 100 million users for its internet-enabled JioPhone that now also supports Facebook, WhatsApp messenger and YouTube.

Jio is supplementing its broadband offering with a suite of smart home products.

Jio has already invested over Rs 250,000 crore for creating the state-of-the-art digital infrastructure to provide mobile and broadband connectivity across the country, with the largest fiber footprint, Ambani noted.

Ambani did not give price plans for JioGigaFiber, unlike for Reliance's telecoms venture Jio that was unveiled in late 2016 with free calls and rock-bottom data rates - a move that upended India's telecoms sector by triggering a price war, dragging margins lower and spurring consolidation. Under the Monsoon Hungama offer, buyers can get the JioPhone at just Rs. 501 instead of paying Rs. 1,500. It supports voice command feature on TV.

While explaining the broadband for large enterprises, Ambani said that fixed-line broadband will mean having the ability to compete in the global marketplace, using digital tools and techniques that are powering the fourth industrial revolution. "While India has pole-vaulted into global leadership in the mobile broadband space, we still lag significantly behind in fixed line broadband". Unlike the traditional JioPhone, the JioPhone 2 is comparatively bigger and wider, courtesy of a horizontal display employed this time around.

More news: European Union warns Donald Trump he risks $294bn trade tariff reprisals

Through JioGigaFiber, a fiber to the home (FTTH) broadband service, the company is targeting 5 crore Jio GigaFiber home customers and 3 crore small merchants and shop-keepers.

The service will be called "Jio GigaFiber Service".

The term loan, the fourth for the Reliance Industries in the past five years and the second covered facility for Jio in the past three years, was arranged on June 22, the company said in a statement.

■ The e-commerce venture will leverage 350 million footfalls in Reliance Retail stores, 215 million Reliance Jio subscribers, and the target of 50 million fiber broadband homes and 30 million small merchants. This is a record that no technology company has been able to achieve anywhere in the world, he added. These apps will work with voice commands and will be made available to all the JioPhone users from August 15. However, the Jio Phone platform does not have access to some of the most widely used apps in India.

Starting on August 15, we have another exciting offer for common Indians.

AGM, the company's chairman Mukesh Ambani revealed that the broadband service will roll-out from 15 August across 1,100 cities simultaneously. It features the Jio GigaTV calling feature too, which will let you call TV connected to Jio GigaFiber or smartphone connected to any network.

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