Today, Jio Platforms has announced that it will be forming a JV with Luxembourgish satellite company SES, planning to use satellite technology to provide affordable, next-generation broadband services throughout India.
The new venture, Jio Space Technology Limited, will be 51% owned by Jio Platforms, with SES owning the remaining 49%.
The JV will make use of SES’s geostationary satellite currently serving India, called SES-12, in combination with O3b mPOWER, SES’s medium-Earth orbit (MEO) constellation…
