[sdenton4]

Well, look what happened in India: Jio sank $N billion dollars on building out 4G everywhere, and a billion or so people got much better internet access. The answer is clear: we can get there by laying more of the kind of infrastructure we already have in the developed world, and it's just a matter of getting the will to put it in place.

[perryizgr8]

I was curious how much Jio spent on creating their network and the answer seems to be approximately ₹1T or $14B.

[black3r]

Which is approximately their parent company's yearly operating income. And then they sold 33% of Jio for $21B. (e.g. Google owns 7.7% of Jio for $4.7B).

I'd say it was a really good investment for them.

[selimthegrim]

Surprised they're not demanding the government refund them for their idle equipment in Jammu-Kashmir