Jio AirFiber to be launched on Ganesh Chaturthi.
Nita Ambani's stepping down from the board doesn't mark her departure from the Reliance fold.
Jio will invest Rs 2 lakh crore in the rollout of 5G services.
The acquisition aims to strengthen its business in the global sports arena.
Pankaj Mohan Pawar will take over as the managing director of the company from 27 June.