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Mumbai: Reliance Jio Infocomm Ltd, which disrupted mobile telephony in India with extremely low rates two years ago, is expected to make an encore in the broadband and cable market, thanks to a Aggressive price strategy and a whole range of products.] "From our point of view, the tariff must have a meaning for the customer. The customer must see the value of what he pays and we will ensure that it is worth it. I will not comment on the rates in effect because most Customers have no choice today because they are subscribers to services because they need a provider of services and an alternative is simply not to have this service, "said Anshuman Thakur, head of strategy and planning for Reliance Jio, after the company's second quarter. Conference on the results Wednesday.
The acquisition of Hathway Cable by Reliance Jio and Datacom Ltd and Den Networks Ltd are considered only as facilitators of the process.
"I think the right price to compare is to look at the tariff for high-speed Internet, run the cable through the dish or otherwise, and a land line. When you look at the rates, these three factors come into play to allow for a meaningful price comparison. Because the opportunities offered by fiber optics right up to the home can solve all these problems in one fell swoop, "said V. Srikanth, deputy chief financial officer, Reliance Industries Ltd (RIL), whose Reliance Jio is a subsidiary in its own right.
In a presentation Analysts publish their second-quarter results, says RIL, which is in an exclusive position to connect homes and boost digital activity. The company relies on its 100% Pan-Indian all-IP optical fiber network, with an average speed of more than 100 Mbps; More than 1,000 Reliance Jio centers and a distributed presence to serve more than 50 million homes and more than 10 million businesses.
RIL announced Wednesday that Reliance Jio was beginning to integrate Jio GigaFiber's customers and increase its resources wherever there was demand.
RIL plans to connect 50 million homes in 1,100 cities across the country with Jio GigaFiber. With his latest investments, he will now be able to use the network of 27,000 Hathway and Den local cable (LCO) broadband connections.
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OCH provides RIL with direct access to 24 million homes in 750 cities where Hathway and Den offer broadband connections.
Currently, digital home broadband platforms are largely made up of people. dependent and inconsistent. RIL plans to reorganize it with its digital platform for performance and performance, online ticket generation and support, as well as to provide an online platform for all activities and services in the field. .
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"Management has stated that fiscal year 19 will continue to translate into heavy investment to supplement mobility investments, which would bring the capacity and coverage of the network to 99%. After that, the focus will be on the FTTH capex. We have increased our estimate of capital expenditure to 600 billion rubles (400 billion rubles earlier). India's capex forecasts for Bharti Airtel and Vodafone Idea are 220 billion rand and 150 billion rand, respectively. This highlights the investment intensity of Reliance Jio, which is nearly 3 to 4 times greater than that of incumbent operators, "said Motilal Oswal Financial Services, a Mumbai-based brokerage firm, in its dated report. of October 18th.
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