Is Jio next is 5G?

No, the Jio Phone Next is not a 5G phone. While the telco does have plans to bring out affordable 5G phones in the future, the Jio Phone Next is not one of them. The smartphone supports 4G LTE only, which will allow Jio to price the device more aggressively in the entry-level market.

What is AGM Jio?

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. Jio and Google Cloud are also partnering on 5G as well.

When did Jio launch in India?

5 September 2016
Jio soft launched on 27 December 2015 with a beta for partners and employees, and became publicly available on 5 September 2016. It is the largest mobile network operator in India and the third largest mobile network operator in the world with over 42.62 crore (426.2 million) subscribers.

Is Jio launching new phone?

JioPhone Next, the smartphone developed by Google and Jio, has been launched in India. The device is available at Rs 6,499 and comes with Android-powered Pragati OS as well as a Qualcomm Snapdragon QM215 processor.

What are the future plans of Jio?

Jio’s Future plans: 1 The company is working on the roll-out of its Fibre to the Home (FTTH) business offering with beta trials initiated… 2 In the coming months, the Jio network will be present in nearly all the cities, towns and villages of India… and… 3 The company is targeting a revenue market share of 50 percent by 2021. More

What is Reliance Jio Phone for free?

Reliance Jio which is known for giving jitters to the whole telecom industry has once again done the same by announcing Jio Phone for free at Reliance Industries Limited Annual General Meeting. The 10-month-old operator has also announced its achievements and Jio’s future plans and we are sharing same with you.

What is the future of RIL stock after Jio launch?

In near term the stock of RIL would go into a consolidation phase and as soon as Jio starts posting handsome profits QoQ with significant increase in market share, the share price of RIL would start gaining and might go for a breakout too.

How much time will it take for Jio to break even?

RIL Jio has a huge capex of over 1.6 Lakh crores. Considering the interest factor on capex of about 12\% (amounting to approx 12000 crs) depreciation value of approx 6 – 8000 crs and yearly running costs, the company needs atleast 3 – 5 years till break even.