Reliance industries on its 41st AGM made some big announcements which could help the company's profit graph showing an upward trend. Well, that we can find it out later on. The AGM kicked off when Chairman Mukesh Ambani took centre stage and elaborated about the success that JioPhone has attained in spite being an entry-level feature phone. More than 25 million Indian customers are currently using the JioPhone. To further strengthen its hold in the entry-level feature phone space, Reliance launched next generation of the phone which is christened as Jio Phone 2. The company not only announced the arrival of new Jio Phone 2 but a bunch of other announcements as well. To proffer more details about the same, we list down top 5 announcements made by Reliance at 41st AGM. Jio's Fibre Broadband to Come with Set Top Box for TV.
1. Reliance JioPhone 2 with exchange offer: The main underline of Reliance's AGM was the new generation JioPhone 2 which is touted as a new smart feature phone. The handset comes with a more prominent 2.4-inch display along with a QWERTY keypad. Priced at Rs. 2999, the device will go on sale in India from August 15. The company is also offering an exchange benefits for the customers using JioPhone that was launched last year. As part of Jio Monsoon Hungama Offer, the interested customers already using old JioPhones can upgrade to the new Jio Phone 2 by paying just Rs. 501 only. This exchange offer from Reliance will go live on July 21. Mukesh Ambani Launches Jio Phone 2, Available at Rs. 2999.
2. New Apps on JioPhone: To keep the momentum of the exciting announcements going, Reliance also made an interesting announcement at the AGM that the JioPhone will soon support three popular apps - YouTube, WhatsApp and Facebook. These new apps will be rolled out on August 15.
3. JioGigaFiber: After making an impact in the Indian telecom industry, Reliance is aiming to revolutionise the broadband sector. Taking the first step in that direction, Jio officially announced JioGigaFiber which will be targeted to residences, small as well as large businesses. With registrations to open from August 15, this high-speed broadband will proffer the customers with high definition video calling, Ultra HD movies along with smart home solutions.
4. Jio VR: The newly announced JioGigaFiber will also support virtual reality experience, and the users can witness the same with compatible VR headset. With Jio Virtual Reality one can enjoy 360 degrees of experience and that too at home.
5. Jio Smart Home: Foreseeing the demand for smart home devices, Reliance alongside JioGigaFiber, also announced Jio Smart Home. The company will proffer a range of accessories such as smart speakers, outdoor as well as indoor cameras, panic button, TV camera, smoke sensors, gas sensors, door sensors and much more.
(The above story first appeared on LatestLY on Jul 06, 2018 02:30 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).