4G Update: Airtel Now Owns 51% of Qualcomm’s 4G Venture, Reliance Jio-Samsung Phone Deal Hits Roadblock
Though 4G is long way to go mainstream in the country, the market is evolving fast. This time we had two updates to share, from two locked horns competitor on 4G turf : Bharti Airtel & Reliance Industries backed Jio Infocomm. Airtel announced that they increased their stakes at Qualcomm's Indian 4G venture from 49% to 51%. With this acquisition the four entities of Qualcomm's 4G venture become Airtel's subsidiaries.... Read More
