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Well, look what happened in India: Jio sank $N billion dollars on building out 4G everywhere, and a billion or so people got much better internet access. The an
by sdenton4 6y ago
Well, look what happened in India: Jio sank $N billion dollars on building out 4G everywhere, and a billion or so people got much better internet access. The answer is clear: we can get there by laying more of the kind of infrastructure we already have in the developed world, and it's just a matter of getting the will to put it in place.
- selimthegrim 6y agoSurprised they're not demanding the government refund them for their idle equipment in Jammu-Kashmir
- perryizgr8 6y agoI was curious how much Jio spent on creating their network and the answer seems to be approximately ₹1T or $14B.
- black3r 6y agoWhich is approximately their parent company's yearly operating income. And then they sold 33% of Jio for $21B. (e.g. Google owns 7.7% of Jio for $4.7B). I'd say it was a really good investment for them.