FYI: India’s richest man is catapulting hundreds of millions of poor people straight into the mobile internet age.
Mukesh Ambani, head of Reliance Industries , EQRELIANCE 0.84% one of India’s largest conglomerates, has shelled out $35 billion of the company’s money to blanket the South Asian nation with its first all-4G network. By offering free calls and data for pennies, the telecom latecomer has upended the industry, setting off a cheap internet tsunami that is opening the market of 1.3 billion people to global tech and retailing titans.
Regards,
Ted
https://www.wsj.com/articles/two-years-ago-india-lacked-fast-cheap-internetone-billionaire-changed-all-that-1536159916
