Mukesh Ambani, Chairman of Reliance Jio ( Courtesy: Facebook)
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New Delhi:

The launch of Jio Fiber from the Reliance stable may disrupt the broadband market in India even as it impacts DTH operators, cinema halls and over-the-top (OTT) platforms, reported The Hindu.

According to the reports, “the company, which plans to launch the service on September 5, will offer high-speed Internet broadband services starting from 100 mbps at a price of ?700 per month, at par with leading broadband providers.”

it further says that “Jio’s digital set top box (STB) will be the mother of all STBs, that will offer ultra-high definition entertainment, virtual reality content, multi-player video conferencing, voice-enabled virtual assistants, interactive gaming, home security and smart home solutions.”

Jio’s STB will come bundled with a landline connection and access to Jio’s Internet of things (IoT), and will offer free voice calls for life and unlimited international calling to U.S. and Canada at a price of Rs. 500 per month, The Hindu reported.

“Jio Fibre could disrupt the business models of traditional distributors and broadcasters, resulting in increased competition in OTT content offering,” said Emkay Research.

“With a disruptive concept under ‘Jio first-day-first-show’ of watching new movies on the same day as release, multiplex companies like PVR may face a multiple de-rating,” BofAML said in its research note.

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