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    RELIANCE   INE002A01018

RELIANCE INDUSTRIES LTD

(RELIANCE)
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Delayed NSE India Stock Exchange  -  06:25 2022-12-02 am EST
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Reliance Industries : Media Release - Jio Announces the Launch of JIO TRUE 5G

10/04/2022 | 01:52pm EST

October 04, 2022

BSE Limited

National Stock Exchange of India Limited

Phiroze Jeejeebhoy Towers,

Exchange Plaza, Plot No. C/1,

Dalal Street,

G Block, Bandra - Kurla Complex,

Mumbai 400 001

Bandra (East),

Mumbai 400 051

Scrip Code: 500325

Trading Symbol: RELIANCE

Dear Sirs,

Sub.: Media Release

Please find attached a media release by Reliance Jio Infocomm Limited, a subsidiary

of the Company, titled "JIO ANNOUNCES THE LAUNCH OF JIO TRUE 5G".

This is for your information and dissemination on your website.

Thanking you,

Yours faithfully,

For Reliance Industries Limited

Digitally signed

SAVITHR by SAVITHRI

PAREKH

I PAREKHDate: 2022.10.04 18:20:35 +05'30'

Savithri Parekh

Company Secretary and Compliance Officer

Copy to:

Luxembourg Stock Exchange

Singapore Exchange Limited

35A boulevard Joseph II

2 Shenton Way,

L-1840 Luxembourg

#02-02 SGX Centre 1

Singapore 068804

Regd. Office: 3rd Floor, Maker Chambers IV, 222, Nariman Point, Mumbai- 400 021, India

Phone #: +91-22-3555 5000, Telefax: +91-22-2204 2268. E-mail:investor.relations@ril.com, Website: www.ril.com

CIN- L17110MH1973PLC019786

MEDIA RELEASE

JIO ANNOUNCES THE LAUNCH OF JIO TRUE 5G

  • JIO TRUE 5G TO BE THE WORLD'S MOST ADVANCED 5G SERVICE
  • BETA TRIAL SERVICES TO START IN DELHI, MUMBAI, KOLKATA & VARANASI FROM DUSSEHRA
  • JIO TRUE 5G WELCOME OFFER BY INVITATION:
  1. FOR JIO USERS IN DELHI, MUMBAI, KOLKATA & VARANASI
  1. USERS TO GET UNLIMITED 5G DATA WITH UPTO 1 Gbps+ SPEEDS

Mumbai, 4th October 2022: Post the successful demonstration of its True-5G services at the India Mobile Congress 2022, Jio is announcing the Beta trial of its True-5G services on the auspicious occasion of Dussehra, for Jio users in 4 cities - Mumbai, Delhi, Kolkata, and Varanasi. Dussehra symbolizes the triumph over hurdles caused by legacy technologies such as 2G, with knowledge and wisdom that Jio True 5G will genuinely enable.

As Jio's True-5G network is getting ready in these metros, Jio's Welcome Offer will enable its invited customers to trial True-5G services and provide service and user-experience feedback. Being a customer-obsessed organization, Jio believes in giving the best customer experience that is strengthened by customer feedback.

With over 425 million users, Jio's mission with 5G is to speed up India's transformation into a Digital Society. This connectivity and technology will help serve humanity by bettering lives and providing increased livelihood.

Jio's True-5Gis built on the "We Care" principle and will bring transformational changes across Education, Healthcare, Agriculture, Skill Development, Small, Medium, and Large enterprises, IoT, Smart homes, and Gaming, impacting 1.4 billion Indians.

JIO TRUE 5G SUPERIORITY: Jio True 5G has a three-fold advantage of:

1. Stand-alone 5G architecture:

  1. Advanced 5G network with Zero dependency on 4G network.
  2. Powerful functionalities like low latency, massive machine-to-machine communication, 5G voice, Edge computing, and network slicing.
  3. Far superior to 4G-basedNon-Standalone networks being launched by other operators.
  1. The largest and Best mix of spectrum
    1. Largest and the most appropriate mix of wireless spectrum for 5G across 700 MHz, 3500 MHz, and 26 GHz bands, giving Jio True 5G a distinct competitive advantage over other operators.
    2. Jio is the only operator with the 700 MHz low-band spectrum to ensure deep indoor coverage.
  2. Carrier Aggregation
    1. Seamlessly combines these 5G frequencies into a single robust "data highway" using an advanced technology called Carrier Aggregation.
    2. It will offer an unparalleled combination of coverage, capacity, quality, and affordability.

JIO TRUE 5G WELCOME OFFER:

  1. Jio True 5G Welcome Offer is being launched in Delhi, Mumbai, Kolkata, and Varanasi for Jio users, by invitation
  2. These customers will get Unlimited 5G data with up to 1 Gbps+ speeds
  3. The Beta trial service for other cities will be announced progressively as cities keep getting ready
  4. Users will continue to avail of this Beta trial until the network coverage of a city is substantially complete to provide the best coverage and user experience to every customer.
  5. Invited 'Jio Welcome Offer' users will be automatically upgraded to the Jio True 5G service without needing to change their existing Jio SIM or 5G handset
  6. Jio is also working with all handset brands to enable their 5G handsets to work seamlessly with Jio True 5G services so that customers have the most comprehensive range of 5G devices to choose from

Mr. Akash M Ambani, Chairman, Reliance Jio Infocomm Limited, said, "Our Prime Minister has given a clarion call for accelerated roll-out of 5G across India to realize the full potential of a Digital India. In response, Jio has prepared an ambitious and the fastest ever 5G roll-out plan for a country of our size.

India is leading the Digital revolution. Jio 5G will be True 5G, and we believe India deserves nothing less than TRUE-5G. Jio 5G will be the world's most advanced 5G network, built for every Indian, by Indians.

By embracing 5G, Jio will create nation-first platforms and solutions that will transform skill development, education, healthcare, agriculture, and many such sectors, with the promise of enabling a better life for every Indian.

5G cannot remain an exclusive service available to the privileged few or those in our largest cities. It must be available to every citizen, every home, and every business across India. Only then can we dramatically increase productivity, earnings, and living standards across our entire economy, thereby creating a prosperous and inclusive society in our country."

About Reliance Jio Infocomm Limited:

Reliance Jio Infocomm Limited, a subsidiary of Jio Platforms Limited, has built a world- class all-IP data strong future proof network with 4G LTE technology. The network is 5G ready with no legacy infrastructure and indigenous 5G stack. It is the only network conceived as a Mobile Video Network from the ground up. It is future ready and can be easily upgraded to support even more data, as technologies advance on to 6G and beyond.

Jio has brought transformational changes in the Indian digital services space to enable the vision of Digital India for 1.3 billion Indians and propel India into global leadership in the digital economy. It has created an eco-system comprising of network, devices, applications and content, service experience and affordable tariffs for everyone to live the Jio Digital Life.

For further information, please contact:Jio.CorporateCommunication@ril.com 022 - 79653591

Disclaimer

Reliance Industries Ltd. published this content on 04 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 October 2022 17:51:01 UTC.


ę Publicnow 2022
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Sales 2023 9 041 B 111 B 111 B
Net income 2023 737 B 9 045 M 9 045 M
Net Debt 2023 1 939 B 23 808 M 23 808 M
P/E ratio 2023 24,8x
Yield 2023 0,35%
Capitalization 17 351 B 213 B 213 B
EV / Sales 2023 2,13x
EV / Sales 2024 2,03x
Nbr of Employees 342 982
Free-Float 48,9%
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Number of Analysts 31
Last Close Price 2 731,35 INR
Average target price 2 853,23 INR
Spread / Average Target 4,46%
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Managers and Directors
Mukesh Dhirubhai Ambani Chairman & Managing Director
Srikanth Venkatachari Joint Chief Financial Officer
Alok Agarwal Chief Financial Officer
Savithri Parekh Secretary & Compliance Officer
Adil Siraj Zainulbhai Independent Non-Executive Director
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