Business Standard

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

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 16 2019 | 12:51 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com