Speaking at the 46th edition of the Reliance Annual General Meeting, group chairman Mukesh Ambani said that the company’s broadband internet service, JioFiber, has crossed 10 Mn subscriptions in India.
Ambani also announced the launch of a fixed wireless broadband (FWB) offering, the Jio AirFiber, set to launch on September 19. “Jio AirFiber uses our pan-India 5G network and advanced wireless technologies to bypass the need for last-mile fibre,” said Ambani.
With AirFiber, the company is looking to increase the broadband expansion rate from 15,000 daily additions to 1,50,000, a 10X jump.
For the uninitiated, fixed wireless broadband has been touted as one of the key use cases of 5G networks ever since 5G development started in the mid-2010s. Fixed wireless broadband enables a broadband experience on 5G without the need for last-mile fibre connectivity, making use of the high speeds and bandwidth that come with 5G networks.
Jio’s FWA launch follows rival Airtel, which launched a similar service earlier this month.
Elsewhere, Reliance Jio continued its dominance in the mobile broadband market, having crossed 450 Mn subscribers, as per the company.
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