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Reliance Jio seeks up to $2 billion loan to fund 5G plan: report

Posted on September 4, 2023 By admin
Reliance Jio seeks up to  billion loan to fund 5G plan: report

Representational image | Photo Credit: Reuters Jio Infocomm, the telecom wing of Reliance Industries, is in talks to raise up to $2 billion in offshore loans, with BNP Paribas acting as lead arranger, to fund the purchase of 5G network gear from Ericsson, the Economic Times reported on Monday. BNP Paribas will provide $1.9 billion-$2…

Read More “Reliance Jio seeks up to $2 billion loan to fund 5G plan: report” »

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