Yes it does, but you probably need a bit of context.
They already have free Wi-Fi in every bus stop, train stations, government buildings, etc. like clocks, thermometers, air quality sensors, etc. The free Wi-Fi is very high quality, where you can watch 4K videos without stutters in most places (1080p for other places).
This is more about basics instead of luxurious/entertainment purposes, where if they run out of data on their contracts, the companies must provide data, albeit slow, still, where government provided Wi-Fi can't reach. 400 kbps is good enough for AI text streams, so it's a policy blend for their recently trending slew of AI policies.
I should also mention that it's a compromise from the telecom companies for recent incidents.