Today on 43rd Annual General Meeting (AGM) of Reliance Industries, the Chairman and Managing Director, Mukesh D Ambani has announced that it is coming up with made in India 5G network. Mukesh D Ambani announced in the meeting;
“Today. I have great pride in announcing that Jio has designed and developed complete 5G solution from scratch in India. This will enable us to launch a world-class 5G service in India, using 100% homegrown technologies and solutions.”
In the Annual General Meeting today, Mukesh Ambani announced that Jio has become the first-ever network to launch made in India 5G network using all the resources and technologies from India. The shareholders, prospective investors, media and also the general public was present in today’s AGM meeting of Reliance Group of Industries.
Jio to launch the first ever made in India 5G network
Mukesh Ambani was very proud while informing the media and the public about the first-ever made in India 5G solution and he said that this network would be ready to use by the general public once the soon awaited 5G spectrum is available in India. The Chairman of Reliance Industries says that this network would be available for use (for general public) by the next year and it would be very easy to shift from 4G to 5G.
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Ambani has dedicated this new launch of made in India 5G network to the Prime Minister’s Atmanirbhar Bharat vision. He also informed the public and the media that once this 5G network service is successfully set up in India then other countries across the globe will have access to the same.
Mukesh D Ambani said;
“Once Jio’s 5G solution is proven at India scale, Jio platforms would be positioned to be an exporter to the other telecom operators globally as a complete managed service.”
Beside made in India 5G network, Reliance Industries has been in news for something more
It is not only about the latest made in India 5G network services which is the reason for Reliance to be in the news. It was very recently that Ambani had announced that Google would be investing somewhere around Rs 33.737 crores for a 7.7% stake in Jio platforms.
We must say that the which is investment being made by the Google is one of the biggest and major investment for the RIL’s Jio platform. Apart from Google, the other investors in Reliance Group of Industries are Facebook, Intel, Qualcomm, etc who have just joined the group few months ago. The statistics reveal that in the period of few months, Reliance has managed to raise Rs 1.52 lakh crore with the overseas’ strategic partnerships.
Mukesh Ambani becomes the 6th richest man in the world
The Chairman and Managing Director of Reliance Industries Limited, Mukesh D Ambani has become the sixth richest man in the world after surpassing Larry Page, the Co-Founder of Alphabet. This information was shared by Bloomberg Billonaires Index (BBI). The current net worth of Ambani in today’s date us 72.4 Billion and his net worth has increase by $217 billion.
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