BUSINESS

Reliance AGM 2022: From 5G Services in Delhi, Mumbai to Jio Cloud PC, 10 Major Takeaways From Mukesh Ambani’s Address

Reliance AGM 2022: Reliance on Monday officially launched Jio Cloud PC – a virtual PC that is hosted in the cloud during the 45th AGM Meet. “Using JioAirFiber, people can do away with all expenses related to buying computer hardware and periodically upgrading it, and opt to use a virtual PC hosted in the cloud – called Jio Cloud PC,” the company said announcing the new device.

Read More:-India’s real estate sector to reach $1000 billion by 2030: Thriving and yielding consistent returns

According to Reliance, the device is claimed to bring power of a laptop to every businesses and households at affordable rates. The company further added that that the Cloud PC does not require any upfront investment. It also does away with the need for any periodic upgrading.

“With no upfront investment or tension of periodical upgrading, a user needs to pay only to the extent used, resulting in a super-affordable way to bring the power of a PC, even multiple PCs, to every Indian home and business,” said Kiran Thomas, CEO, Jio Platforms.

Read More:-Credit and cash flow management app UpScale onboards over 2 lakh businesses since launch, says company

There are no details on the price and availability of the device. But it is likely that the Jio Cloud PC will be available once the roll our of Jio 5G services.

MUKESH AMBANI ANNOUNCES 5G IN DELHI, MUMBAI, CHENNAI AND KOLKATA BY DIWALI

Reliance to launch Jio 5G Services by Diwali 2022 in Metro cities of Delhi, Mumbai, Kolkata, and Chennai. The company further added that that it will be expanded to other cities and towns in phases rapidly to cover entire India in 18 months by December 2023. “Jio’s ambitious 5G rollout plan will be the fastest in the world,” the company said.

Read More:-1 USD Equals 80.07 INR — Rupee Falls To Another Historic Low Against Dollar

“Unlike other operators, Jio’s 5G network will be Stand-alone with zero dependency on 4G network. The three-fold advantage of Stand-Alone 5G architecture, largest and best mix of spectrum and Carrier Aggregation technology means that Jio 5G will be able to offer an unparalleled combination of coverage, capacity, quality and affordability. With Stand-Alone 5G, Jio can deliver new and powerful services like low latency, massive machine-to-machine communication, 5G voice, Edge computing and network slicing, and metaverse,” it further added.

Read More:-SBI WhatsApp service unveiled for customers: Know how to register and check bank account balance

RELIANCE AGM 2022: KEY TAKEAWAYS FROM MUKESH AMBANI’s ADDRESS

  • Reliance Jio to launch 5G services by Diwali in key metros
  • Reliance Jio aims to deliver 5G connectivity in every town of India by December 2023
  • “Jio 5G will be the world’s largest and most advanced 5G network”, said Mukesh Ambani
  • Rs 2 lakh crore investment announced for pan-India 5G network
  • Setting up of India’s first carbon fiber plant with a capacity of 20,000 MT announced in Hazira, Gujarat
  • Rs 75,000 cr investment committed in O2C (Oil to Chemical) business over next 3 years
  • RIL to set up giga factories for photovoltaic panels, energy storage, green hydrogen and for fuel cell systems
  • “Akash, Isha have assumed leadership roles in Jio, Retail. Anant joined New Energy Biz with great zeal”, said Ambani
  •  Reliance Industries chairman Mukesh Ambani on Monday said KG-D6 will contribute ~30% of India’s gas production.
  • At Reliance Industries’ 45th Annual General Meeting (AGM), its chairman and managing director announced its new Giga Factory for Power Electronics.
Source :
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

To Top