From 5G migration by 2030, satellite communications to AI: Ambanis outline Jio’s five growth commitments

Reliance Jio’s next phase of growth will be driven by five strategic commitments spanning 5G, broadband, artificial intelligence and global expansion, chairman Akash Ambani said at Reliance Industries’ 49th Annual General meeting (AGM).

RIL chairman and managing director Mukesh Ambani announced the company will file draft IPO papers with Sebi on 19 June.

Analysts estimate that the Jio IPO can be the biggest public offer till date at a valuation of $130-180 billion.

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