In a groundbreaking move, Jio AirFiber is all set to be unveiled on September 19, coinciding with the festivities of Ganesh Chaturthi.
The announcement was made by Mukesh Ambani, Chairman and Managing Director of Reliance Industries, during the 46th Annual General Meeting (AGM) through a virtual conference.
Jio AirFiber promises to usher in a new era of high-speed internet connectivity in India, with the aim of providing swift Wi-Fi services to every household across the nation.
Seamless Transition to 5G: A Remarkable Leap
Mukesh Ambani expressed confidence in a seamless transition of their 4G user base to 5G technology, without incurring additional capital expenditure.
He emphasized that Jio has evolved from being a mere implementer to a pioneer in cutting-edge technology creation.
The 5G rollout is bolstered by Jio’s proprietary in-house 5G stack, already catering to over 50 million 5G subscribers.
Introducing Jio AirFiber: A Game-Changer
Jio had initially unveiled its vision for AirFiber during the 45th AGM last year. The innovation lies in AirFiber being a wireless solution for high-speed internet delivery, eliminating the need for conventional wiring.
Leaked images circulating on social media indicate that the device will comprise two distinct units: one mounted externally on roofs of homes or offices, and another installed within the premises.
Unlike traditional fiber connections, AirFiber utilizes SIM cards instead of optical fibers, offering the convenience of a 5G Wi-Fi service.
Expectations are high for AirFiber to deliver speeds of up to 1Gbps, potentially launching at a 20% lower price point than rival offerings.
A Remarkable Investment: Fueling the Future
During his address, Mukesh Ambani shared that Reliance Industries has invested a staggering $150 billion over the last decade, marking the highest investment by any company during this timeframe.
Ambani’s words underscored Reliance’s leadership in the emerging landscape of New India, driven by an unwavering commitment to achieve ambitious goals.
Paving the Way for Succession: Next Generation’s Role
In a strategic move for the conglomerate’s future, Reliance Industries also announced the induction of Mukesh Ambani’s children—Isha, Akash, and Anant—onto the board of directors.
This pivotal step ensures a seamless transition and cements the company’s trajectory towards continued success.
Stay tuned for the much-anticipated launch of Jio AirFiber on September 19, as India braces for a transformative leap in internet technology that promises to redefine connectivity norms for generations to come.