Why did Facebook choose Reliance Jio as a partner in India?


Why did Facebook choose Reliance Jio as a partner in India?

Facebook recently invested heavily in India..for a huge amount of $ 5.7 billions it purchased good stake of 9.99% in the Reliance Jio..now coming to your question here are some key points which is why Facebook has chosen Reliance Jio..

1 Reliance Jio is the biggest Telecom sector company both by revenue and number of subscribers an hence it was quite ideal company to invest in.
2 Both Facebook and Jio have almost equal number of subscribers close to 400 millions each and thus make it a huge subscriber base for both to do their business and earn more.
3 Like Facebook.. Jio too has great interest in technology and thus making them ideal partnership.
4 Also both of these companies have common aspirations like becoming top companies in their respective businesses and thinking out of the box..further made Facebook to consider Jio as partner.
So we can see from above that why it was only Reliance Jio for Facebook

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