At its Annual General Meeting (AGM) on August 12, 2019, Reliance Industries announced that Reliance Jio had crossed 340 million mobile subscribers, making it one of the fastest-growing Mobile Network Operators (MNO) in India. At the AGM, the chairman of Reliance Industries also made some significant announcements regarding Jio and its plans to target the emerging Internet of Things (IoT) market in India.
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