Friday, October 25, 2019

Reliance to create $15 billion digital unit to pare telecom debt

Controlled by billionaire Mukesh Ambani, Reliance's debt burden has risen significantly since its telecoms unit Jio Infocomm entered India's crowded mobile market in late 2016 offering free voice calls and cut-price data to build a massive consumer base.

from Gadgets Now https://ift.tt/2PlfUXd

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