Mukesh Ambani’s once-a-year speech to investors has over time evolved into an eagerly-awaited pronouncement on his $222 billion empire.

This year, Reliance Industries Ltd.’s investors will be looking for insight on Monday around the company’s 5G rollout.

How he plans to unlock the value of his telecom and retail units through separate listings, and when and how his children will take over the reins.

Speech includes launch of his telecom service in 2016, Saudi Arabian Oil Co.’s proposed investment in Reliance’s energy business in 2019 and a strategic shift to green energy last year.

Gautam Adani, who eclipsed Ambani as Asia’s richest man earlier this year and is emerging as an alternative power center on the corporate landscape.

Mukesh Ambani emphasized his vision for the “internationalization of Reliance" in his speech last year.

Investors will want to see if the appetite for global acquisitions still exists amid a slowing worldwide economy.