Mukesh Ambani led Jio is going unstoppable. While the public is enjoying the disruption, its competitors aren’t. Why would they? As it plans to create havoc in broadband and e-commerce sectors now.
Jio Spreads Further – Plans about Gigafiber and a New E-commerce Platform
Starting with broadband, Jio has announced its Gigafiber in 2018, August and there have been some people testing it.
Now it plans to give out preview offer to its users. Jio, from its recent FAQ’s, says to commence Gigafiber with a preview offer to those who are interested. And it’s free!
For those who wanted to subscribe, should prepare for a sum of Rs.4,500 as a security deposit, which is refundable after the offer. The preview period runs for three months with a speed of 100mbps and 100GB data. If the user, somehow exhausts the limit, can always activate additional 40GB from MyJio app.
While it’s not commercial yet, the only way to get a Jio connection is to request an executive. And there are hardly seen somewhere. People say they’ve already started roaming in cities. If you’re able enough to spot one, you’re lucky.
A couple of weeks back, Mukesh in Vibrant Gujarat Summit has announced his plans of introducing an e-commerce platform in the country. Taking the data industry by storm, now Mukesh Ambani plans to rival against the two big opponents Amazon India and Flipkart.
Further speaking, Mukesh said he would be taking the advantage of his retail stores across the country to partner with Reliance Jio Infocomm and launch a new e-commerce platform soon. That would be primarily trailed in Gujarat, benefitting about 1.2million retailers and shopkeepers.
Experts on considering the present situation, believe Jio’s e-commerce can gain the most advantage if launched perfectly. As the new FDI policies from the government give a hard time to foreign players like Amazon and Walmart-owned Flipkart.
Imagine the combination – Reliance retail having 10,000 stores across 6,500 towns and Jio Telecom having 280million subscribers. The picture will be huge.