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Qualcomm invests EUR 85.7 mln into JioPlatforms

Monday 13 July 2020 | 08:58 CET | News
Reliance Industries has welcomed a new investor in Indian operator Jio Platforms, with the acquisition by Qualcomm of a 0.15 percent stake on a fully diluted basis for EUR 85.7 million. Reliance Industries said the deal will deepen the ties between Qualcomm and Jio Platforms and help the company deploy 5G for Indian customers.

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