Reliance Jio to Offer SpaceX’s Rival Service at ‘Affordable’ Prices
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Reliance Jio Infocomm Ltd. unveiled a satellite broadband service on Friday as Asia's richest man Mukesh Ambani seeks to broaden internet access to the remotest corners of India, muscling into a sector where billionaires Elon Musk's SpaceX and Sunil Mittal's OneWeb also have ambitious plans.India's largest wireless operator demonstrated JioSpaceFiber on Friday at an industry conference in New Delhi and said in a statement that this will help deliver high-speed internet across the country “at highly affordable prices,” Reliance Jio said in a statement. The company, which didn't share any pricing details or give a timeline for the commercial roll out of the services, will be using SES's medium earth orbit (MEO) satellite technology. “With JioSpaceFiber, we expand our reach to cove...