Airtel Creates Fiber Subsidiary, Jio Giga Fiber Looking for Major Disruption in the Market

The next phase of Indian telecom war lands as Jio is not abating its plan of disruption with the announcement of Giga Fiber - the fiber to home broadband connectivity on 15th of August, 2018. Immediate effect went on Den Networks, Hathway Cable and Datacom - whose shares went down by upto 18% post announcement of Jio's Giga Fiber. Another big fiber player in the country, ACT Broadband has revised their broadband plans with more data on most of the plans. Delhi-NCR based pure play fiber player, Spectra is all set to do the same. 

As Jio goes direct to home with fiber, it will make toughest competition against existing fiber/cable based broadband operators as well as DTH service providers. With the power of fiber at last mile, Jio will offer broadband, TV and other infotainment packages at a great competitive package to hurt the other players. A similar quad play package - a trend has already been practiced by Verizon in US and Vodafone in different countries.