What Happened
Indian Telecom Giant Eyes Next Growth Phase
Reliance Jio, India’s largest telecom network, has announced a growth strategy focused on 5G, artificial intelligence, enterprise services, and satellite broadband. The company is considering the development of a sovereign low-Earth orbit satellite constellation and has already started building its ground station infrastructure. Jio’s 5G user base has reached 268 million, making it the largest single-country 5G operator outside China. The company has also filed for an initial public offering with the Securities and Exchange Board of India, according to a report by Light Reading.