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> What gave so much confidence to Jio to discount that much? Did their flavor of party come to power during that time? Not sure what kind of conspiracy you're
by sbmthakur 7y ago
> What gave so much confidence to Jio to discount that much? Did their flavor of party come to power during that time?
Not sure what kind of conspiracy you're thinking of. Jio is actually funded through Debt financing. Many Indian and non-Indian banks have given huge loans to Jio[1][2].
1.https://economictimes.indiatimes.com/markets/stocks/news/reliance-jio-raises-500-million-in-samurai-loan-from-japanese-banks/articleshow/63741096.cms?from=mdr https://economictimes.indiatimes.com/markets/stocks/news/rel...
2. https://economictimes.indiatimes.com/industry/banking/finance/jios-fibre-business-raising-rs-27000-crore-loan/articleshow/68881163.cms?from=mdr https://economictimes.indiatimes.com/industry/banking/financ...