Reliance Industries Limited (RIL) hosted its annual general meeting (AGM) today and the 5G rollout date is now official for its Jio network. The company plans to roll out 5G in the metro cities of Delhi, Mumbai, Chennai and Kolkata by Diwali this year. It will expand this further by December 2023 and is aiming for a nation-wide rollout by then. Jio plans to make ‘5G’ affordable, according to RIL chairman Mukesh Ambani, who said that they do not wish to limit 5G to just elite or privileged users.
Jio also announced partnerships with companies such as Meta, Google, Qualcomm and Microsoft. With Google, it plans to introduce more ‘ultra-affordable’ 5G phones, though no details or timeline was shared around this. The company will also partner with Qualcomm for some home grown 5G solutions. It also announced its Jio AirFiber which will offer a cloud computing experience on 5G networks.
JioMart is also partnering with WhatsApp to ensure an end-to-end shopping experience. Users will be able buy groceries, pay for them all from the chat itself.
For the third year in a row, the AGM is being held through an online video conference. In the past, the company has made some major business announcements during the AGM, including the conglomerate’s foray into the green energy business and a large investment in Jio Platforms from Google.
The AGM can be viewed on this JioMeet link. Once you click on the link, you will be taken to a webpage where you will be given two options: “Others” and “Shareholders.” Click on “Others,” and enter your full name to join the AGM video conference.
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