Reliance Industries Ltd (RIL) chairman Mukesh Ambani has launched JioGigaFiber, a wired broadband service, during the 41st annual general meeting (AGM) of the company on Thursday.

Currently, the company is running the beta trials for JioGigaFiber, but those interested in procuring it can start registering through myjio and Jio.com from August 15.

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.

At present, it offers connections with 1.1 terabyte free data at a speed of 100 mbps. This is provided for nothing but a refundable security deposit of Rs 4,500 for GigaHub Home Gateway service.

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RIL, the promoter of Reliance Jio, also controls Network18, the parent company of CNBCTV18.com.

First Published:Jul 5, 2018 4:42 PM IST