Jio In Talks With US-Based Comcast, Charter To License Broadband Technology: Report

by · Inc42

SUMMARY

  • Jio Platforms is in discussions with US cable operators Comcast and Charter Communications to license its UBR technology in exchange for potential equity stakes
  • The talks come as Jio pushes to expand its wireless broadband technology overseas through partnerships, with the company targeting 10-15 global partners
  • Jio's discussions with South Africa's MTN Group fell through over valuation and licensing issues, while the company recently made its stock market debut at a 21.36% premium to its IPO price