Reliance Industries Limited (RIL) has announced that Reliance Jio will launch its commercial home broadband services under its JioFiber brand on September 5, 2019.

The plans will begin from a minimum of Rs 700 a month and will go upto to Rs 10,000 a month for premium customers. The broadband speeds will start at 100 mbps at the lowest end and go upto 1 Gbps.

“We are pricing our plan at one-tenth of global rate to make it accessible for every home,” Mukesh Ambani, Chairman, RIL stated at the company’s 42nd annual general meeting. “On performance, the average fixed-line download speed in the US which is the most developed economy is around 90 Mbps. In India, even the most basic JioFiber plan will start with 100 Mbps speed and we have plans all the way up to 1 Gbps or 1,000 Mbps”, he added.