Jiofiber to launch postpaid service from June 17: All you need to know

Reliance Jio is the largest broadband player in the country with 54.56% market share. It is the third-largest wireline broadband company in the country with 15.6% market share and over 31 lakh customers.

Telecom operator Reliance Jio is set to roll out Jiofiber postpaid broadband service in the country from Thursday, news agency PTI reported.

Reliance Jio is the largest broadband player in the country with 54.56% market share. (Bloomberg)

At present, Jio charges ₹1,500 as an installation charge for new connections.

The broadband service will be available in two plans — six-month plan and a 12-month plan.

The customers who apply for Jiofiber postpaid connection, however, will have to choose either a six-month or a 12-month plan starting at a price of ₹399 per month.

"In case customers want to subscribe for a higher plan which has over-the-top services for entertainment then the customer will have to pay a ₹1,000 refundable security deposit," PTI reported.

Reliance Jio is the largest broadband player in the country with 54.56% market share. It is the third-largest wireline broadband company in the country with 15.6% market share and over 31 lakh customers.

Last week, the company introduced five new plans with 'no daily limit' prepaid mobility offerings. The plans listed on the company's website start from ₹127 for 15-days-validity, offering 12 GB of uncapped daily data.

According to the report, Reliance Jio has built sufficient network capacity for the next 300 million mobile broadband subscribers, over 50 million fibre homes and 50 million micro, small and medium businesses, it said.

To date, Jio has been granted 371 patents across multiple jurisdictions. In FY 2020-21 alone, the company filed for 38 patents and was granted 40.

With inputs from PTI