Jio Platforms Ltd and SES, a leading global satellite-based content connectivity solutions provider, have announced a joint venture – Jio Space Technology Limited. The joint venture will deliver next-generation scalable and affordable broadband services in India using satellite technology.
While we continue to expand our fibre-based connectivity and FTTH business and invest in 5G, this new joint venture with SES will further accelerate the growth of multigigabit broadband. With additional coverage and capacity offered by satellite communications services, Jio will be able to connect the remotest towns and villages, enterprises, government establishments, and consumers to the new Digital India. We are excited about this new journey combining our massive reach and customer base with SES’s innovative leadership and expertise in the satellite industry, said Akash Ambani, Director of Jio.
SES will provide up to 100 Gbps capacity and will utilise Jio’s market reach to expand its business footprint in India. The joint venture will also develop extensive gateway infrastructure in India to provide services within the country.
The venture will leverage SES-12, SES’s high-throughput GEO satellite serving India, and O3b mPOWER, SES’s next-generation MEO constellation, to extend and complement Jio’s terrestrial network, increasing access to digital services and applications. Additionally, Jio will offer managed services and gateway infrastructure operations services to the joint venture.
The joint venture aligns with the Prime Minister’s ‘Gati Shakti: National Master Plan for Multi-modal Connectivity initiative to provide integrated and seamless connectivity by implementing diverse infrastructure.