New Delhi: The Jio Platform digital service company on Monday announced a joint venture with Luxembourg-based SES to provide satellite-based broadband services in India, a shared statement said.
The two companies have formed a joint venture, Jio Space Technology Limited, where the Jio (JPL) and SES platform will have 51 percent and 49 percent of equity shares.
“Joint ventures will become vehicles to provide satellite data services and SES connectivity in India, except for certain international and international maritime customers who can be served by SES.” This will have the availability of capacity of up to 100 Gbps from SES and will use it.
The initial position and sale of Jio in India to unlock this market, “said the statement.
The joint venture will use a multi-orbit room network, a combination of geostationary satellite stars (GEO) and Medium Earth (MEO), which is capable of delivering multi-gigabit links and the capacity for the company, cellular backhaul and retail customers across the length and extent of India and neighboring areas.
“Jio, as a joint venture anchor customer, has signed a multi-year capacity purchase agreement, based on a certain historical milestone along with the gateway and purchase of equipment with value The total contract is around $ 100 million, “according to the Statement further added that “with additional coverage and capacity taken An by satellite.
Communication services, Jio will be able to connect the most remote cities and villages, companies, government companies, and consumers to new Indian digital.
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