Jio Platforms Ltd and SES Announce Joint Venture to Deliver High-Performance Satellite-Based Broadband Services Across India - Positive for gaming, internet, ad tech and media OTT cos

Jio Platforms Ltd and SES Announce Joint Venture to Deliver High-Performance Satellite-Based Broadband Services Across India – Positive for gaming, internet, ad tech and media OTT cos

By Karan Taurani @ Elara Capital - This will speed up the process of high speed internet in the smaller towns/cities and also help ramp up broadband penetration in areas where there is little or no LCO support due to local broadband companies; satellite internet cannot offer speed as per the FTTH at peak (10 GBPS) , however i...


Jio forms JV with SES for satellite broadband

Jio forms JV with SES for satellite broadband

Jio Platforms Limited (“JPL”), India’s leading digital service provider, and SES, a leading global satellite-based content connectivity solutions provider, today announced the formation of a joint venture – Jio Space Technology Limited – to deliver the next generation scalable and affordable broadband services in India leveraging satellite techn...


NXTDigital shareholders approve merger with Hinduja Global

NXTDigital FY22 9-month revenue up 12.8% to Rs. 807.6 cr.

Digital platforms company NXTDIGITAL Limited, the media vertical of the Hinduja Group, Saturday announced the financial results for the 9-month period ending December 31, 2021 and Q3 of FY22 where data showed that consolidated revenue for the nine-month grew by 12.84 percent to Rs 807.6 crore, up from Rs 715.71 crore...