Jio AirFiber 5G : Reliance Industries will hold its much-anticipated AGM on August 28, and some of the most anticipated announcements may come from the conglomerate’s telecom arm Jio.
As the oil-telecom conglomerate led by chairman Mukesh Ambani prepares for its 46th annual general meeting next week, investors are eagerly awaiting news on the timing of the telecom division’s initial public offering (IPO), which many brokers had earlier said might won’t happen . in the year.
Check out Jio’s expectations at next week’s RIL AGM:
Jio announced the AirFiber 5G hotspot device at last year’s AGM. The product is not yet available for purchase. AirFiber is a super-fast 5G hotspot device that delivers wireless fibre optic 5G speeds to your home or office.
All eyes are on any announcement regarding the price and availability of Jio AirFiber in India.
Among competitors, Airtel recently launched Xstream at Rs 2,500 for devices and Rs 799 per month for a basic plan. Jio phones and laptops .
At the AGM, people are also looking forward to possible upgrades to the JioBharat 4G phone, which was launched earlier this year at Rs 999. With the launch of the phone platform “Jio Bharat”, Reliance Jio wants to lead the campaign for “2G free India”. This platform is specially designed to provide Internet telephony to the country’s 250 million feature phone users, bridging the digital divide.
Updates related to the new JioBook laptop launched last month are also keenly followed. JioBook is the company’s latest offering, designed for learners of all ages with advanced features and seamless connectivity. “We believe JioBook will revolutionise how people learn and open up new opportunities for personal growth and skill development,” a Reliance Retail spokesperson said on July 31.
Priced at Rs 16,499, the laptop weighs just under a kilogram and weighs 990 grams. It has an 11.6-inch LED screen with an infinity keyboard and a fairly large touchpad. It also has a 2MP webcam for video calling and more. A 5G smartphone?
At last year’s annual general meeting, the company announced a partnership with Alphabet Inc’s Google to launch a low-cost 5G smartphone as the company unveiled a $25 billion plan to launch next-generation wireless services. An update is also expected on that front. Business services like Cloud, CPaaS
At the 2021 AGM, Reliance Jio announced a cloud partnership with Google to accelerate its 5G efforts and said it will focus its core business on Google’s cloud infrastructure to meet the online needs of Reliance Retail, JioMart, JioSaavn and JioHealth. Meanwhile, Jio Platforms has entered into a strategic marketing partnership with Canadian Business Support Systems (BSS) provider Optiva in August 2022 to provide a complete 5G solution to the global market.
What did Jio say in the last AGM?
The telco said its 5G network will be rolled out in key metros by Diwali (October-November) 2022 and the rest of the country by December 2023. The company has invested a total of 2,000,000 billion rupees in the 5G network. (including spectrum of Rs.88,1000)