Reliance Launches Fiber Broadband After Disrupting Indias Telecoms Market


MUMBAI – Reliance Industries, which has upended India’s telecoms sector with its cheap mobile data plans, launched its fiber broadband system on Thursday in a push to make deeper inroads into the country’s wireless and fixed-line internet industry.

Reliance Chairman Mukesh Ambani, India’s richest man, said the company will begin registrations for its fiber-to-home service from Aug. 15, India’s Independence Day.

“India is ranked quite low at 134th in the global ranking for fixed broadband … Jio is determined to move India to among the top 5 in fixed-line broadband,” Ambani told shareholders at the oil-to-telecoms giant’s 41st annual general meeting (AGM).

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