Mark Zuckerberg and Mukesh Ambani may have big deals on Reliance Jio
new Delhi. There seems to be a possibility of a big deal between the country’s richest man Mukesh Ambani and Mark Zuckerberg, the owner of the world’s largest social media platform. So far neither of the two have confirmed the deal. According to media reports, Facebook has shown its interest in Reliance Jio to buy 10 percent stake. Negotiations have also started from both sides on this bill of dollar deal. On the other hand, the news is also that Mukesh Ambani’s conversation with this deal is going on with Google too. Now it will be interesting to see who will join hands with Mukesh Ambani in this deal.
53 thousand crore rupees can be a deal
According to the report, at present, the market value of Reliance Jio is around 70 billion dollars i.e. around 5 lakh crore rupees. If Mukesh Ambani’s deal with Facebook happens, then according to 10 percent, this deal between the two will be around 7 billion dollars i.e. 53 thousand crore rupees. Which would be a big deal. According to the media report, so far no big statement has come from both sides. Officials of both companies are sitting among themselves and negotiating the deal.
Became the country’s largest telecom company in 4 years
Mukesh Ambani launched Reliance Jio in 2015 while in 2016 it started operating. After which the company has never looked back. In almost four years, the number of customers of the company has crossed 37 crore and has become the largest telecom company in the country. Mukesh Ambani’s company has gone far ahead, leaving both Airtel and Vodafone Idea companies behind. If this deal is done, no other company will be able to stay around Jio.