Saturday, 10 April 2021

Reliance to spin off Jio and invest $15bn to allow future growth

By Chris Kelly, Total Telecom
Monday 28 October 19

Reliance Industries currently has net debt of around $22bn – something which is stunting Jio's ability to grow

Reliance Industries is set to spin off its mobile network division, Reliance Jio, and invest over 1 trillion rupees ($15 billion) to allow the company to accelerate growth…

Reliance Industries is set to spin off its mobile network division, Reliance Jio, and invest over 1 trillion rupees ($15 billion) to allow the company to accelerate growth…

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