39% Market share in telecom ( JIO ) with a possibility of only two telecom servicies to remain in India- Airtel and Jio. Fast growing broadband presence Oil bullish for $90 + to pump the bottomline of reliance
Front runner in bringing 5G to india, multiple investments from BIG names-- Facebook, Google, Silver Lake, Vista Equity Partners etc Focus on renewable energy, control over mass media.
In short- An Elephant
Trivia- look JIO in a mirror and you get OIL, after all data is the new oil :)
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all buys filled. lets go
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Reliance Industries may buy Deutsche Telekom arm for $5.9 billion - T MOBILE
Investment of $144 million in Ambri Inc, an energy storage company based in Massachusetts, US. ( battery storage) - because everyone wants a slice of the upcoming electric disruption
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Reliance Industries to invest Rs 75,000 crore in four renewable energy gigafactories- 1 sep 2021