Reliance Jio has tied up with Luxembourg-based satellite and telecom services provider SES to provide satellite-based broadband communication services in India. Under the agreement, Jio Platforms has formed a joint venture with SES, named as Jio Space Technology Ltd.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
The joint venture will deliver the next generation scalable and affordable broadband services in India, leveraging satellite technology. Jio Platforms Ltd will hold 51 per cent and SES will own a 49 per cent equity stake in the joint venture. The total value of the contract is around $100 million.
Important takeaways for all competitive exams:
India maintained its momentum at the Asian Games 2026 in Aichi-Nagoya, Japan, on Day 2…
Goalkeeper Savita Punia of India has broken Vandana Katariya's record to become the most capped…
Gwalior is set to emerge as a significant telecom manufacturing center with the upcoming development…
Minister of Home Affairs and Minister of Cooperation Amit Shah is all set to inaugurate…
Chandni Chowk’s historic Town Hall complex is gearing up for a new beginning as the…
Smriti Mandhana scripted another history in the international cricket again as she became the leading…