RELIANCE JIO AGM 2019 LIVE: Mukesh Ambani Announces Jio Fiber Launch, Jio-Microsoft Cloud Partnership and $75 Billion Deal

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Reliance JIO AGM 2019 LIVE: In huge remote speculation, 20% of stake in Reliance’s oil to compound business will be offered to Saudi Aramco at $75 billion, Reliance Industries Limited executive Mukesh Ambani has reported at the 42nd yearly broad gathering (AGM) in Mumbai. Ambani has likewise reported the business dispatch of Jio Fiber on September 5. The base arrangement begins at speed of 100 MBPS and goes up to 1GBPS, with costs extending from Rs 700 to Rs 10,000 every month. The RIL executive likewise declared ‘Jio First Day First Show’ plan under which Premium JioFibre clients will almost certainly watch motion pictures in their parlors upon the arrival of the discharge. This will be taken off in 2020. Another enormous declaration is the association with Microsoft under which Jio will set up server farms crosswise over India and Microsoft will bring the cloud stage.

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