Jio Platforms Explores Tech-for-Equity Deals with Comcast, Charter
· Business · Reuters, Business Standard
Reliance Industries' Jio Platforms is reportedly in discussions with US cable giants Comcast and Charter Communications for potential tech-for-equity partnerships. These talks involve Jio offering its technology in exchange for equity stakes in the American companies. The move is part of Jio Platforms' broader strategy to expand its international presence. Jio Platforms aims to secure 10 to 15 overseas telecom partnerships.
Why it matters
These potential partnerships could significantly expand Jio Platforms' global footprint and establish its technology in major international markets, impacting its valuation and future growth.
Read the original report — Reuters
Join us on Telegram
Breaking news the moment it lands. At 10,000 members we ship the Android app.