Reliance JIO the biggest telecom network And Debt Free

Reliance Jio has became net debt free after raising 15\billion dollar from many large investors. These investors are facebook, silver lake, vista, general atlantic, kkr, silver lake, mubadla, ADIA, TPG, L Catterton.
The promise of the company achieving this impossible goal was made by Mukesh Ambani in august 2019.
He had said the company will be able to manage this in the next 18 months however the investors and market at the time had not been convinced.
Jio was launched in 2015 by an unofficial way to their employees and family members for trial. It was official launched in September 2016.
It allows people to live the digital life with powerful broadband network useful application world class service in every corner of India. It improves 4G LTE services. It is also provides volte service in India.
It has a high data speed, rich, connectivity and low price for data because it has the largest fiber optic network in India

  CATTERTON- 1894.50 crore
  TPG- 4546.80crore
  ADIA- 5683.50crore
  MUBADLA- 9093.60crore
  SILVER LAKE- 4546.80crore
  KKR- 11367crore
  GENERAL ATLANTIC-6598.38crore
  VISTA- 11367crore
  SILVER LAKE-5655.75crore
  FACEBOOK- 43574crore

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