The second device of Relaince Jio fiber broadband and Jio’s ‘Jio GigaTV’ set-top box, which is connected to your large screen TV and all the subscribers will watch over 600 TV channels, thousands of movies and millions of songs and other content, at any time
Reliance Jio will offer a Set Top Box for TV when it launches ultra-high speed fibre-based broadband services – which is expected to compete with DTH operators like Videocon D2H. This would a “serious competition” to TV distributors on both the DTH and cable side.
while announcing the fibre-based broadband plans, Jio unveiled the ‘Jio Giga router’, that will power ultra-fast internet connection and offer wall to wall high-speed wifi coverage.
The second device of Relaince Jio is ‘Jio GigaTV’ set-top box, which is connected to your large screen TV and all the subscribers will watch over 600 TV channels, thousands of movies and millions of songs and other content, at any time.
“You can now enjoy all your entertainment content at ultra high definition…This is like having a theatre in your home…,” Akash Ambani, Director of Reliance Jio said.
GigaTV is an internet connected set-top box which will allow users access to JioTV, JioCinema and also other features like JioSmartLiving.
These represents serious competition for TV distributors on both the DTH and cable side
Amongst DTH players, it represents more of threat for Tata Sky which dominates urban markets than Dish TV which is stronger in rural areas,” Credit Suisse said in its report today.
Meanwhile, shares of broadcasting and cable TV operators tanked up to 15.4 per cent today after Reliance unveiled fibre broadband service in 1,100 cities.
Hathway Cable & Datacom plunged 15.40 percent, Den Networks 10.73 percent and Siti Networks 2.76 percent on BSE.
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