Reliance Jio, country's leading telecom service provider is expected to launch Jio Phone 3 at 42nd Annual General Meeting (AGM) of Reliance Industries Ltd. It is also expected that Jio will be using this AGM as a platform for announcing Jio GigaFiber plans. Though Jio GigaFiber was announced last year, we are yet to see a commercial launch timeline for the same, which could be announced at the AGM. Moreover, RIL Chairman and MD - Mukesh Ambani will address the shareholders at the 42nd AGM. The company will be broadcasting the event live from the venue. Reliance Jio Phone 3, GigaFiber Plans Likely To Be Announced on 42nd Annual Meeting

The 42nd AGM of RIL is scheduled to commence at 11 AM IST which will be streamed on YouTube channel - The Flame of Truth as well as Jio. The company will also be streaming the event on Facebook on official RIL and Jio pages.

Last year, Jio commenced the registrations for GigaFiber and the company stated that the rollout would be prioritise based on the response received from the location. Currently, the telecom provider is not charging the users except refundable security deposit of Rs 2,500 to 4,500 depending on the location.

Today, we can expect the company to announce GigaFiber plans at the Annual Meeting. As per the market reports, Jio could also launch Rs 600 'Triple Play' combo plan offering unlimited voice, unlimited data, the Jio Home IPTV service, premium Jio apps and broadband connection.

The next generation Jio Phone 3 will be slightly more powerful than the predecessors. We can expect social media apps like Facebook, WhatsApp and YouTube out of the box. The Jio Phone 2 was launched at Rs 2,999 wherein the company also revealed exchange offer for Rs 501. We can expect similar strategies for the upcoming Jio Phone 3. More details will be revealed at the event.

(The above story first appeared on LatestLY on Aug 12, 2019 10:55 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).