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Reliance Jio applies to enter Sri Lanka 

Jio Platforms, the telecoms arm of Reliance Industries, is one of three companies who have expressed an interesting in purchasing the Sri Lankan government’s 50.23% stake in the state-owned firm, Sri Lanka Telecom PLC (SLT). SLT is the largest telco in the country, connecting over 8.5 million subscribers. 

JioPhone Next: Google and Reliance Jio team up for $50 smartphone

The pair hope the affordable smartphone will persuade 450 million Indians to ditch their existing handsets and experience internet-connected devices for the first time

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