Mukesh Ambani announces high-speed broadband, Jio Phone 2 with WhatsApp, FB

In his speech, RIL Chairman Mukesh Ambani also spelt out the milestones achieved by Jio, which has disrupted the telecom industry and triggered a price war

Reliance Industries Limited announced on Thursday the launch of high-speed Jio GigaFiber broadband, which aims to boost fixed-line connectivity in India, and an upgraded version of its Jio Phone with popular social media apps such as Facebook.

At its 41st Annual General Meeting in Mumbai, RIL Chairman Mukesh Ambani announced the broadband for homes and enterprises across 1,100 cities and an e-commerce platform that may rival the likes of Amazon. He also spelt out the milestones achieved by Jio, which has disrupted the telecom industry and triggered a price war.

The fixed-line broadband will offer "ultra-high-definition entertainment on large screen