A deal with Comcast or Charter would give Jio a foothold in the United States, where cable companies are losing home broadband customers to fixed wireless and fiber | Image: Bloomberg
Indian billionaire Mukesh Ambani's Jio Platforms has held talks with several companies including Comcast and Charter Communications about licensing its wireless broadband technology in exchange for potential stakes in the businesses, two people familiar with the matter said.
Jio also held discussions with South Africa's MTN Group, but the talks broke down because the two sides were unable to agree on valuation and certain licensing issues, the people said.
The people said there was no timetable for reaching a deal with any of the parties that Jio has spoken to.
Jio, which listed in Mumbai last week after a record-breaking $3.2 billion IPO, did not respond to Reuters queries.