Reliance's Jio Platforms explores broadband tech-for-equity talks with Comcast and Charter
Reliance Industries-backed Jio Platforms is in discussions with US cable operators Comcast and Charter Communications to license its wireless broadband technology in exchange for potential equity stakes.
Jio Platforms, backed by Reliance Industries, is exploring technology-for-equity agreements with US cable operators Comcast and Charter Communications, according to reporting by Reuters citing unnamed sources. Under the contemplated structure, the Indian telecommunications company would license its proprietary wireless broadband technology in exchange for potential equity stakes.[2][1][5][3]
The discussions center on Jio's unlicensed band radio (UBR) technology, which delivers high-speed internet to buildings without requiring dedicated cable connections to individual homes. Partnering with established US operators would allow the Mukesh Ambani-led company to tap the American broadband market and expand globally without investing in building overseas physical networks. Jio is aiming to secure 10 to 15 global partners for the technology.[4][3]
Jio previously pursued an international broadband partnership with South Africa's MTN Group, but those negotiations ended without a deal due to disagreements over licensing terms and valuation.[3]
Key facts
- Jio Platforms is in talks with US cable operators Comcast and Charter Communications to license its proprietary wireless broadband technology in exchange for potential equity stakes.
- The talks involve Jio's unlicensed band radio (UBR) technology, which supplies high-speed internet to buildings without needing cable wiring to individual homes.
- Technology licensing partnerships could enable Jio to enter the US broadband market and scale internationally without constructing physical infrastructure overseas.
- Jio is targeting between 10 and 15 global partners for its UBR technology deployment.
- Prior partnership talks between Jio and South Africa-based MTN Group broke down over disputes regarding valuation and licensing.
Sources · 4 sources
- RE
Reuters@ReutersPost on X ·
EXCLUSIVE: Ambani's Jio explores tech-for-equity talks with Comcast and Charter, sources say https://t.co/vsuTDA0wrq
Open source - RE
Reuters@ReutersPost on X ·
EXCLUSIVE: Ambani's Jio explores tech-for-equity talks with Comcast and Charter, sources say https://t.co/M4bTBM9uNi
Open source - IN
Inc42@Inc42Post on X ·
Jio In Talks With US Giants Comcast, Charter To License Its Broadband Tech. 👇 Reliance Industries-backed Jio Platforms is in discussions with US cable operators Comcast and Charter Communications to license its proprietary wireless broadband technology in exchange for potential equity stakes, according to a Reuters report. Jio is targeting 10–15 global partners for its unlicensed band radio (UBR) technology, which delivers high-speed internet to buildings without requiring cable connections to individual homes. The company has also explored a partnership with South Africa’s MTN Group, but the talks fell through over valuation and licensing issues. 🔗 Read more about Jio’s global expansion plans here: https://t.co/HSwvF3mBGV #JioPlatforms #RelianceJio #Broadband #Telecom #News
Open source - BU
businessline@businesslinePost on X ·
Mukesh Ambani's Jio Platforms is exploring the lucrative US broadband market through technology licensing talks with Comcast and Charter Communications. The proposed partnerships could help Jio expand globally without building overseas networks https://t.co/paROYm4Sq0
Open source - ET
Economic Times@EconomicTimesPost on X ·
Ambani's Jio Platforms explores tech-for-equity talks with Comcast and Charter, sources say https://t.co/Vo4soR3OAA
Open source