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Which company has tied up with Luxembourg-based satellite and telecom services provider SES to provide satellite-based broadband communication services in India?
A)
Reliance Jio
B)
Bharti Airtel
C)
Vodafone Group
D)
Bharat Sanchar Nigam Limited

Correct Answer : Option (A) - Reliance Jio


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.
 
The joint venture will deliver the next generation scalable and affordable broadband services in India, leveraging satellite technology. Jio Platforms Ltd will hold 51 percent and SES will own a 49 percent equity stake in the joint venture. The total value of the contract is around $100 million.

Published On : February 15, 2022
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