Jio GigaFiber broadband rollout is one of the most anticipated developments in the Indian broadband industry and while Jio GigaFiber is expected to offer some of the most affordable plans in the industry, Reliance Jio has already claimed a huge stake in companies such as DEN Networks and Hathway Cable & Datacom for achieving last mile connectivity.
Now, according to a report by TelecomTalk, Reliance Jio has bought more stake in DEN Networks in order to gain more control in the company. The report states that while Reliance Jio already had a 66.57 percent stake in Den Networks, now, the company has bought 5.75 crores more shares in order to increase its stake to 78.62 percent in the multi-system operator (MSO) Den Networks.
It should be noted that last year, Reliance Jio announced that the company has a 66 percent stake in Den and 51.3 percent stake in Hathway, which are two of the biggest local cable operators (LCOs) in India. For the unknown, Jio GigaFiber was in news for getting a flank from LCOs in India as they were afraid that Jio GigaFiber broadband services will make the competition even tougher and they won’t be able to compete in the FTTH. However, with this new partnership, Reliance Jio is expected to get a big boost in the rollout of Jio GigaFiber broadband services.
Reliance Jio GigaFiber expected broadband plan prices, release date, availability
When it comes to the expected Jio GigaFiber broadband plans and prices, Reliance Jio has already confirmed that all new Jio GigaFiber connections will come with the complementary Jio GigaFiber Preview offer under which users will get 100GB of monthly data at 100Mbps for the first three months. On the other hand, subscribers will need to pay a refundable deposit of Rs. 4,500 for getting a new connection while there will be no installation charges. The refundable deposit will be taken for the Jio GigaFiber and Jio GigaTV routers.
As for the Jio GigaFiber release data and availability, there has been no confirmation on when the FTTH broadband services will be launched in India, however, Reliance Jio has confirmed that the Jio GigaFiber broadband services will be rolled out to 1,100 Indian cities initially, based on the number of registration requests received from a particular city. This means that cities from which the company gets the most number of Jio GigaFiber registrations will get the services first.―Times Now