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Reliance Industries’ arm to start Jiofiber post-paid broadband service

16 Jun 2021 Evaluate

Reliance Industries’ (RIL) telecom arm -- Reliance Jio Infocomm (Jio) is all set to start Jiofiber post-paid broadband service from June 17 without charging installation fee on new connections. The company at present charges Rs 1,500 as an installation charge for new connections. Customers applying for Jiofiber post-paid connection, however, will have to choose either six-month or 12-month plan starting at a price of Rs 399 per month. In case customers want to subscribe for a higher plan which has over-the-top services for entertainment then the customer will have to pay a Rs 1,000 refundable security deposit.

Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.

Peers
Company Name CMP
Reliance Industries 1206.65
Indian Oil Corpn. 130.50
Bharat PetroleumCorp 297.00
HPCL 343.05
MRPL 182.85
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