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Asia's richest man launches broadband with HDTV service

2019/9/30

    Three years after elbowing into the Indian wireless phone market with free calls and data, billionaire Mukesh Ambani is back at it.This time, Asia's richest man is handing out TVs to hook users on movies and entertainment shows via Internet.

    Mr Ambani's JioFiber broadband service comes with a high-definition television and set-top boxes at no charge for annual lifetime subscribers.

    The offer by Reliance Jio Infocomm includes subscriptions to most premium streaming services with prices starting from 700 rupees (S$13) a month.

    The fibre-TV salvo comes days after Jio formally swept into the No. 1 spot for wireless services after free calls and cheap data lured hundreds of millions of subscribers and left rivals Bharti Airtel and Vodafone Idea struggling under mounting debt.Telecom carriers around the world are adding entertainment content to their offerings as a way to compete for users and add revenue, especially in markets where the number of mobile subscriptions has reached saturation.In India, video-on-demand growth itself is explosive, according to researcher Boston Consulting Group.

(from http://www.kekenet.com/read/201909/594372.shtml)