Business Standard

Saturday, December 21, 2024 | 08:08 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Reliance Industries may buy more cable companies to aid JioFiber plans

Experts say tying up with or acquiring MSOs would be a faster and better way to achieve last-mile connectivity

Reliance Jio to hive off fibre, tower businesses into separate companies
Premium

Viveat Susan Pinto Mumbai
Reliance Industries (RIL), which will commercially roll out its fibre-to-the-home broadband network under JioFiber next month, may consider buying more cable companies to support its plans, people in the know have told Business Standard. The option of partnership with cable companies is also on the table, they said, as RIL looks to disrupt the broadband market like it did in telecom three years ago.

On Monday, RIL Chairman Mukesh Ambani said his firm was open to partnering local cable operators (LCOs) as it sought to widen its reach for broadband services. 
 
“Either you collaborate or you acquire. There are 100,000

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in