Home › Facebook commits to India with $5.7bn stake in Reliance Jio
 

Keywords :   


Facebook commits to India with $5.7bn stake in Reliance Jio

2020-04-22 02:00:00| Total Telecom industry news

Facebook have announced today that they have purchased a 10% stake in Indian operator Reliance Jio for the sum of $5.7 billion. The deal was first hinted at last month, but talks had been reportedly delayed due to the coronavirus. However, while the virus shows no signs of slowing in India, it seems that business must go on. The move represents Facebook&rsquo…read more on TotalTele.com » [ more ]

Tags: india reliance facebook stake

Category:Telecommunications

Latest from this category

All news
10.06Accelerate Your Cloud Journey with Rackspace Elastic Engineering Dedicated Pods
10.06Why Cloud Technology Is Essential for Modern Healthcare Operations
06.06AI-Powered Compliance: Unlocking Efficiency and Enhancing Security in the Cloud, including for CMMC
Telecommunications »
17.06Tropical Storm Erick Graphics
17.06Tropical Storm Erick Forecast Discussion Number 4
17.06Tropical Storm Erick Wind Speed Probabilities Number 4
17.06Tropical Storm Erick Public Advisory Number 4
17.06Summary for Tropical Storm Erick (EP5/EP052025)
17.06Tropical Storm Erick Forecast Advisory Number 4
17.06Ontex Expands iD Discreet Range
17.06LiL\' Dude Wipes Launch
More »