Expect more affordable broadband as Jio brings satellite based internet to India
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Jio Space Technology Limited - a joint venture between Jio and SES, a Luxembourg based satellite content connectivity solutions provider - has announced its entry into satellite-based internet. The company plans to use satellite technology to bring scalable and affordable broadband to more parts of India. Jio and SES will own 51 percent and 49 percent of Jio Space Technology Limited respectively.