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0 pointsperryizgr85y ago0 comments

I was curious how much Jio spent on creating their network and the answer seems to be approximately ₹1T or $14B.

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Which is approximately their parent company's yearly operating income. And then they sold 33% of Jio for $21B. (e.g. Google owns 7.7% of Jio for $4.7B).

I'd say it was a really good investment for them.

j / k navigate · click thread line to collapse

0 pointsperryizgr85y ago0 comments

I was curious how much Jio spent on creating their network and the answer seems to be approximately ₹1T or $14B.

0 comments

black3r5y ago

Which is approximately their parent company's yearly operating income. And then they sold 33% of Jio for $21B. (e.g. Google owns 7.7% of Jio for $4.7B).

I'd say it was a really good investment for them.

j / k navigate · click thread line to collapse