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Facebook Inc. said it would pay $5.7 billion for just under 10% of Indian telecom operator Jio Platforms Ltd., a massive expansion of the social media giant’s commitment to a promising market where it ...

Less than a week ago, Facebook announced it was investing $5.7 billion into India’s largest mobile carrier, Reliance Jio. We now have an idea of how the two giants plan to collaborate: The latter’s ...

Reliance Jio, top global mobile data consumer, faces ARPU challenge due to rapid growth and 5G monetization delay. Airtel's rising revenue contrasts Jio's stagnant ARPU, highlighting the importance of ...

Facebook has enjoyed unparalleled reach in India for more than a decade. But as China’s fast-growing ByteDance emerges as a formidable competitor in what has become the world’s second largest internet ...

Telecom major Bharti Airtel has raised mobile tariffs effective 3 July, following in the footsteps of Reliance Jio, which hiked tariffs on 27 June. In an exchange filing, Airtel said it maintains that ...

Reliance Jio, a three-and-a-half-year-old subsidiary of India’s most valued firm Reliance Industries, may have attracted the attention of an American giant: Facebook. The social conglomerate is in ...

Facebook Tuesday announced a $5.7 billion investment in Jio Platforms Limited, part of Reliance Industries, making the social media giant its largest minority shareholder. In a blog post, FB said the ...