RIL’s full 5G service gets closer: Mukesh Ambani spells next growth phase for Jio, Reliance Retail

RIL Chairman Mukesh Ambani spelt out the strategies and roadmap of the company’s digital and retail businesses at 44th Annual General Meeting (AGM). RIL chief announced his plans to make India 2G-mukt (free from 2G) and make the country 5G-enabled. He also launched the JioPhone Next, an ultra-affordable 4G smartphone jointly developed by Google. This will be a fully-featured smartphone supporting the entire suite of applications from both Google and Jio. While, on the retail front, Mukesh Ambani expects three times growth in retail business in next 3-5 years. The company has listed out five initiatives to achieve three times growth in the coming years.