Wednesday, 4 July 2018

RIL 41st AGM: Key takeaways from CMD Mukesh Ambani's speech

At Reliance Industries 41'st AGM since listing, RIL chief Mukesh Ambani talked about the company's achievements, key initiatives and future plans.
Here are the key takeaways from the Reliance Industries' 41st AGM: 
> Jio and Retail's share in overall EBITDA has gone up to 13 percent from from 2 percent.
Reliance launches advanced fiber-based broadband connectivity service called JioGigafibre. Mukesh Ambani says the new fibre service will redefine 24/7 emergency help for all homes across India.
> Mukesh Ambani says data usage increased to 240 crore GB per month from 125 crore.
> The amount of video consumption increased to 340 crore hours per month from 165 crore hours per month.
> RIL announces addition of Facebook, YouTube and WhatsApp to JioPhone.
> RIL launches high-end variant of JioPhone, named JioPhone 2, featuring horizontal screen viewing and a QWERTY keypad. The phone is priced at Rs 2,999.
> RIL launches JioGiga TV, a set-top box with ability to play videos at 4k resolution.
> Mukesh Ambani announces Monsoon Hungama offer for JioPhone, users can exchange their existing feature phones for a new JioPhone at just Rs 500.
> RIL is currently running beta trials on tens of thousands of homes for the JioGigaFiber. Those interested can register through MyJio or

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