Reliance AGM Live Updates 2018: At RIL, Annual General Meeting being held today, chairman Mukesh Ambani is expected to confirm that Jio has crossed 200 million subscribers
Reliance is expected to officially announce that Jio has reached the 200 million subscriber mark in just under 2 years of launch. This could be announced by Reliance Industries Limited chairman Mukesh Ambani, among other statements at the Reliance Industries’ Limited (RIL) Annual General Meeting (AGM). At the 41st edition of the RIL AGM, being held at the Birla Matrushri Sabhaghar in Mumbai, RIL Chairman, and managing Director Ambani will address the gathering at 11 am. Mukesh Ambani’s speech, which could offer insights into Reliance Jio’s future plans will be streamed live across multiple platforms. On YouTube, it will be broadcast live via the Reliance Jio and Flame of Truth channels, while it can also be streamed from the Reliance Industries Limited and Jio Facebook pages. In addition, Jio subscribers will be able to watch the AGM speech via JioTV.
The Reliance Jio Phone was announced at a previous AGM by Mukesh Ambani and the expectation is that more news around Jio will dominate this meeting as well. It will interesting to see if details about Jio Fiber broadband service are also revealed, though some reports have claimed that the commercial rollout will only take place in December.
Reliance Jio had touched the 196.9 million subscriber mark in April, has added over 9 million subscribers in the previous quarter. Given the recent trend, it is estimated that Jio’s current subscriber base has crossed 200 million. This places Jio even closer to industry leaders Airtel (310 million subscribers), Vodafone (222 million subscribers) and Idea (210 million subscribers).
Among other announcements, Ambani is also expected to its plans for JioFiber, its broadband service. As indicated by our recent report, JioFiber could be rolled out by the end of 2018. It is expected to start from Mumbai and Delhi, before expanding to Tier-I and Tier-II cities.
Reliance Jio Infocomm appears to be stealing a march over rivals Bharti Airtel and Vodafone on voice over WiFi. The telco has informed the government that it will launch the service shortly, a move that will give the Mukesh Ambani-owned carrier’s customers the ability to make calls even in areas having poor mobile signals.
Jio is also integrating the voice over WiFi feature in its new range of 4G JioPhone feature phones, which have helped the telco make inroads into rural areas, people.
(source content – Indian express)