Reliance AGM 2021 | Jio Platforms: Walking the talk

Highlights - Unveiled JioPhone Next – an ultra-affordable smartphone to target 300 million 2G customers - Leveraging Facebook’s WhatsApp capability to increase reach for retail business - Field trials for 5G have started and hopes to complete the trials successfully
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Though the annual general meeting (AGM) of Reliance Industries on Thursday did not make any new announcement for its digital business, Jio Platforms has started executing what it had promised last fiscal when partnering global companies.

Jio has attracted investments from a variety of global investors — a global network media leader, private equity giant, growth equity firm, leading global investment firm and sovereign wealth funds — and has now started leveraging its relationships with the partners to reach the next level.

Through its partnership with Google, Jio has now unveiled JioPhone Next (to be launched in September this year) — an ultra-affordable smart phone — with an objective to help users migrate from 2G devices to smart devices. This phone is expected to target 300 million 2G customers in India. Further, Jio plans to leverage Google’s cloud services through a cutting edge technology to provide 5G technology to enable a billion Indians access to superior connectivity.

With Facebook, the company has integrated WhatsApp with JioMart to provide retail services on a trial basis, which is getting a good response from customers. And, with Microsoft, the company has already created a 10MW Jio-Azure cloud centre capacity.