Elon Musk Wants to Challenge Mukesh Ambani in India, But Jio Could Be Heading to His Backyard — Comcast and Charter Approached in US Expansion Push: Report
Jio Platforms has reportedly approached several companies, including Comcast Corp. (NASDAQ: CMCSA) and Charter Communications Inc. (NASDAQ:CHTR), to explore licensing its wireless broadband technology in return for possible equity stakes.
Jio wants to bring its internet technology to America. This could mean new competition for big cable companies like Comcast and Charter.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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