Reliance Jio likely to invest Rs 5,000 crore in fiber-to-home services, says report
Updated : July 25, 2018 08:24 AM IST
Reliance Industries-run Reliance Jio is likely to invest Rs 5,000 crore in the upcoming fibre-to-home segment, the Jio GigaFiber, a Business Standard report said.
A team of over 10,000 people is being put in place for the fixed broadband rollout, the paper learnt from sources.
The scheme offers direct fiber connectivity all the way to the house, unlike traditional fiber networks that offer connectivity to the house via traditional cables leading to slow speeds.