Mukesh Ambani led Reliance Jio Platforms has got yet another big partner coming in. Today, Reliance announced Google is investing in its Jio Platforms a sum of Rs. 33,373 crores ($4.5 billion) , for a stake of 7.7%. As per both the CEOs, Google isn’t just financially aiding Jio, but also plans to develop 5G network and supporting smartphones soon in India.
The Race for 5G
@Google and Jio are partnering to build an Operating System that could power a value engineered, entry-level 4G/5G smartphone. The Jio-Google partnership is determined to make India 2G-mukt: Mukesh Ambani at #RILAGM #NayeIndiaKaNayaJosh #Google #Jio — Reliance Jio (@reliancejio) July 15, 2020
