- Reliance made a slew of Jio-related announcements at the AGM 2023
- The company shared details around 5G network rollout in India
- It also confirmed launch plans for the new Jio AirFiber device
Reliance AGM 2023 was hosted on Monday this week, where the company gave us a lowdown on its products, including the most popular Reliance Jio.
Jio now is the biggest telecom operator with over 400 million subscribers. But the Reliance AGM 2023 keynote had a lot more Jio-related announcements and here are the key highlights that were presented in front of the public.
Reliance AGM 2023: Key Jio 5G Highlights
Reliance Jio has confirmed that the Jio AirFiber device will be launching in India on September 19 which is the Ganesh Chaturthi is celebrated. The news was shared by Mukesh Ambani, Chairman, of Reliance Industries during his speech at the AGM 2023. The company also mentioned that it has around 10 million+ customers on the JioFiber internet service and it hopes to use the AirFiber device to expand the base by catering to the 200 million-plus market.
Reliance has not shared the price of the product but it is expected that the Jio AirFiber will be priced around Rs 6,000 in the country. Jio AirFiber is a Fixed Wireless Access (FWA) device that promises 5G speeds via the hotspot internet service.
Jio claims that it will use the existing 5G network and wireless tech to offer high-speed connectivity without relying on optical fiber. It supports Wi-Fi 6 standard, has multiple LAN ports, can be connected to the Jio Set Top Box and helps you set up a printer or any other device.
PAN India Jio 5G By December 2023
During the Reliance AGM 2023 speech, Mukesh Ambani announced that Jio 5G has covered around 86 per cent of the census towns in the country. He also shared that the company will complete its 5G rollout by December this year, which will make it the fastest network rollout in the world.
In addition to this, he also pointed out that 25GB of data is consumed per day by one person, and the total data traffic from Jio’s network is 1100GB per month. He also highlighted that Jio has 50 million 5G customers and the company has made the setup robust enough to set up one cell every second.
While these figures are impressive indeed, you also have to understand that Jio 5G is available free of cost for its customers, and all they need is to take a prepaid recharge plan of Rs 239 or higher to avail of the 5G services from Jio. Once the 5G network has dedicated plans, we expect these numbers to come down but having 5G rolled out across the country in such a short time is quite a feat for the company.
Jio Bharat 4G Affordable Phone
During the Reliance AGM 2023 keynote, we got our first demo of the Jio Bharat 4G phone that offers smartphone-like features for the price of a feature phone. The device was launched earlier but it will be available in the market from this week onwards. Jio Bharat 4G lets you live stream content, make UPI payment, click photos and more. The phone is priced at 999 and is Reliance’s product to make India 2G mukt, as claimed by the Reliance Chairman.
Jio Smart Home Platform Announced
Jio has built the 5G network and now it is bringing new applications and use cases to get the best out of the high-speed network. Jio Smart Home comprises the Jio Home Router, Jio Set Top Box and the Jio Home app that facilitates all these features and lets you control others. The app can become the eRemote to control the set-top box, while you can manage the settings of the Jio Home Router and block access to others.
The app can also be used as a gamepad while enjoying games on the Jio network. You can also use the Jio Home app to pair it with compatible Jio smart home devices and also alert if any part of your home needs a Wi-Fi extender to improve the coverage.
Jio True 5G Lab For Innovation
Jio has announced its Jio 5G Developer Platform which focuses on developing applications for businesses and enterprises. The company is offering a 360-degree digital ecosystem that utilises the Jio 5G network and combines it with other technology which helps companies to cut their operating cost.
To further encapsulate its focus on 5G, Jio has set up a Jio True 5G Lab at the Reliance Corporate Park to work on new 5G innovation that can be developed, tested and deployed with the help of Jio’s industry partners.
Jio Cinema On The Rise
Thanks to the streaming rights for the Indian Premier League (IPL), JioCinema has become one of the leading platforms in the OTT market. Jio has announced that with the free availability of JioCinema to watch the IPL 2023 season, a record 45 crore viewers tuned in to watch the matches on the platform.
But the other differentiating factor has been the experience of watching matches on JioCinema, offering features like true 4K streaming quality, 360-degree streaming of the matches, multi-camera view, and fan interaction through the ‘Hype’ feature.
All these features packed into the platform made it a resounding success as JioCinema recorded over 3.2 crore concurrent users during the IPL 2023 final, with more than 12 crore watching and there was a 60-minute average watch time per viewer for every match.
JioCinema is also banking on its wide array of freemium content that is soon going to have features like multi-video picture-in-picture and multilingual support for Indian languages.