Reliance Industries will have its 44th AGM (Annual General Meeting) on August 29. The video conference of the event will be broadcasted starting at 2 PM that day. Now, at this event, we will get to learn about dividends and other financial declarations as well as forecasts for FY22. However, since the company’s bigger push into telecom and other technologies, we are expecting announcements around the same.
The most anticipated announcements are Jio 5G plans and a 5G smartphone from the Jio Phone series.
Jio was the top bidder in the Indian 5G spectrum auction. It has acquired about 24,740 MHz spectrum costing ₹88,078 crores. It also bought the pricey 700MHz in all 22 circles. In case you are wondering why, know that this band is said to offer a 5-10 km coverage.
The brand has also got its hands on the 800MHz band, 1899MHz band, and 3300MHz band.
So, now we wonder how it prices the 5G tariff plans. We may get at least some breadcrumbs at this event.
Jio Phone Next image is used for representational purposes.
Jio Phone 5G could feature a 6.5” HD+ display, Qualcomm Snapdragon 480 SoC, 4GB+ 32GB memory configuration, microSD card support, a 13+2MP rear camera setup, an 8MP front camera, a 5000mAh battery with 18W charging support, and Android 12 with PragatiOS, and some core pared-down Google apps.
We will have definite answers on August 29. For now, these are mostly speculations and rumours.
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