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Wireless

Intel buys stake in Jio Platforms

Friday 3 July 2020 | 09:17 CET | News
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Reliance Industries has announced a new investment in Indian operator Jio Platforms. Intel has bought a 0.39 percent stake in the company for a bit over EUR 225 million. This means Jio has raised almost EUR 14 billion to over the past two months or so, from Saudi Arabia's Public Investment Fund, TPG, L. Catterton, Facebook, Silver Lake, ista Equity Partners, General Atlantic, KKR, Mubadala and Adia.

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Categories: Mobile & Wireless
Companies: Intel / Reliance Industries
Countries: India
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