RIL AGM 2021 Live Updates: Reliance Industries Limited (RIL) is hosting its 44th annual general meeting (AGM) event, which is being streamed online. The company has announced its JioPhone Next in collaboration with Google. The phone will go on sale from September 10 in India and will run an optimised version of Android, which has been jointly developed by Reliance Jio and Google.
Google CEO Sundar Pichai is also on stage talking about the partnership on the 4G phone. This will be one of the most affordable 4G smartphones in the market. The price has not yet been announced. Pichai says the phone will have support for latest Android updates, smart camera and translation as well. It is designed for users who will be going online for the first time.
Jio and Google Cloud are also partnering on 5G as well. As part of this collaboration, Jio will shift its retail business to Google Cloud business as well. Jio Fiber now has 3 million users and it is the largest fixed broadband fiber internet provider in the country. JioFiber is now present in over 100 cities.
Jio will also work to announced 5G-ready devices. Once the 5G solutions is proved at India scale, the company plans to provide it to other telecom operators abroad as well, according to Mukesh Ambani.