Reliance Industries Limited (RIL) has announced at its 43rd Annual General Meeting (Reliance AGM 2020) that Google (Google) and Jio (Jio) will together bring cheap 4G and 5G smartphones. There has been a commercial agreement between Jio Platforms and Google about this. The two companies will jointly develop an entry-level affordable smartphone with Android operating system and play store optimizations. Reliance Jio – Google collaborate | Launching Cheap 4G and 5G Phone. Google make investment of $4.5B in Reliance Jio Tweets By Sundar pichai (CEO) Google.
Reliance Jio – Google collaborate | Launching Cheap 4G and 5G Phone
Jio prepares complete 5G solution.
Mukesh Ambani told in an annual meeting of Reliance that Jio has prepared a complete 5G solution which can be rolled out to customers by next year. This roll out will be done after making available 5G spectrum from the government. He further said that after providing spectrum from the government, Jio platform will be able to export 5G solutions to other telecom operators in the world.
Reliance Jio – Google collaborate | Launching Cheap 4G and 5G Phone. tweet By Google CEO
Everyone should have access to the internet. Proud to partner with @reliancejio to increase access for the hundreds of millions in India who don’t own a smartphone with our 1st investment of $4.5B from the #GoogleForIndia Digitization Fund.https://t.co/1fP8iBZQfm
— Sundar Pichai (@sundarpichai) July 15, 2020
In this meeting Mukesh said that the purpose of Jio is to make India 2G free. For this, the company will provide 4G internet to 2G customers. Ambani said that our aim is to give smartphones in the hands of all Indians. There are around 35 crore 2G feature phone users in India. Google and Jio together will make cheaper smartphones for these people. Jio aims to upgrade 300 million people from 2G to 4G.
Jio and Google’s partnership.
Google CEO Sundar Pichai said that in a country like India, everyone should have internet. He said that with the partnership of Jio and Google, millions of Indians who do not have smartphones can get internet.
Jio-Google will make operating system for Android based smartphone.
Mukesh Ambani said in this meeting that Google will invest Rs 33737 crore for a 7.7 percent stake in Jio Platforms. With Google’s investment, the figure of investment in Reliance now reached 1.52 lakh crore. Thus far 14 companies have invested in Jio. Jio and Google together will form the operating system for Android based smartphones.
Jio phone world’s cheapest 4G handset.
In the meeting, Mukesh Ambani said that Jio phone is currently the cheapest 4G connectivity phone in the world. The price of Jio phone launched in the year 2017 is currently 699 rupees. At the same time, the price of Jio Phone 2, which came in the year 2018, is Rs 2,999.
News Source : NBT News