44.15 (3.28%) Reliance Industries’ (RIL) telecom arm - Reliance Jio Infocomm (Jio) is planning to provide internet access, videos and voice calls for less than Rs 1,000 per month. The company will offer the same as a part of its wired broadband services that will be unveiled later in the year.
The company is currently working on its fibre-to-home services in various cities viz. New Delhi and Mumbai, and intends to recreate the success it gained in the telecom sector through aggressive pricing.
Moreover, the company is offering free broadband with unlimited internet at a speed of 100 mbps against a security deposit of Rs 4,500.
RIL 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.