This joint venture with Jio Platforms is massively exciting because we are working with India's largest telecom operator to extend and complement their broadband and mobile networks.
Luxembourg/ Mumbai, 14 February 2022 -- Jio Platforms Limited ( JPL ), India's leading digital service provider, and SES, a leading global satellite-based content connectivity solutions provider, today announced the formation of a joint venture - Jio Space Technology Limited - to deliver the next generation scalable and affordable broadband services in India leveraging satellite technology. JPL and SES will own 51% and 49% equity stake in the joint venture respectively. The joint venture will use multi-orbit space networks that is a combination of geostationary (GEO) and medium earth orbit (MEO) satellite constellations capable of delivering multi-gigabit links and capacity to enterprises, mobile backhaul and retail customers across the length and breadth of India and neighbouring regions.
The joint venture will be the vehicle for providing SES's satellite data and connectivity services in India, except for certain international aeronautical and maritime customers who may be served by SES. It will have availability of up to 100 Gbps capacity from SES and will leverage Jio's premiere position and sales reach in India to unlock this market opportunity. As part of investment plan, the joint venture will develop extensive gateway infrastructure in India to provide services within the country. Jio, as an anchor customer of the joint venture, has entered into a multi-year capacity purchase agreement, based on certain milestones along with gateways and equipment purchase with total contract value of circa US $100 million.
The joint venture will leverage SES-12, SES's high-throughput GEO satellite serving India, and O3b mPOWER, SES's next-generation MEO constellation, to extend and complement Jio's terrestrial network, increasing access to digital services and applications. Jio will offer managed services and gateway infrastructure operations services to the joint venture.
As Covid-19 has demonstrated, access to broadband is imperative for full participation in the new digital economy. This joint venture will be a catalyst for connecting the unconnected areas within India and the region to the full range of digital services, offering access to remote health, government services, and distance learning opportunities.
Akash Ambani, Director of Jio, said, While we continue to expand our fibre-based connectivity and FTTH business and invest in 5G, this new joint venture with SES will further accelerate the growth of multigigabit broadband. With additional coverage and capacity offered by satellite communications services, Jio will be able to connect the remotest towns and villages, enterprises, government establishments, and consumers to the new Digital India. We are excited about this new journey combining our massive reach and customer base with SES's innovative leadership and expertise in the satellite industry.
Steve Collar, CEO of SES said, This joint venture with JPL is a great example of how SES can complement even the most extensive terrestrial networks to deliver high-quality connectivity, and positively affect the lives of hundreds of millions of people. We look forward to this joint venture whereby we can play a role in promoting digital inclusion in India.
The joint venture also aligns with the Hon'ble Prime Minister's Gati Shakti: National Master Plan for Multi-modal Connectivity' initiative to provide integrated and seamless connectivity by implementing diverse infrastructure. It will also accelerate the achievement of the Connect India goals in the 2018 National Digital Communications Policy and the Digital India programme by expanding broadband connectivity to Indian citizens across Indian geography.
More from SES
08/04/2022
Dividend of EUR 0.50 per A-share approved
Luxembourg, 8 April 2022 - SES held ...
07/04/2022
Enterprises and governments can now gain direct one-hop' connectivity to their Oracle Cloud environments from nearly anywhere via SES's multi-orbit sat...
05/04/2022
Industry benchmark report confirms SES's position as a global leader in cont...
04/04/2022
Worldwide leader in home shopping launches HD channels at SES's 28.2 / 28.5 degrees East video neighbourhood
Luxembourg, 4 April 2022 - Viewers across the ...
31/03/2022
Collaboration will improve Space Situational Awareness and promote best practice...
30/03/2022
Comtech to supply O3b mPOWER 5.5 metre gateways, small gateways and user terminals
Luxembourg, 30 March 2022 - SES announced today that Comtech Telecommunicati...
29/03/2022
EMSA will be using SES's multi-band, multi-frequency satellite services for Remotely Piloted Aircraft operations for security, rescue and pollution monitori...
28/03/2022
Innovative, flexible, software-defined satellite to replace NSS-12 at 57 degrees...
22/03/2022
Combination of SES GS and DRS GES unites the leader in multi-orbit satellite networking with unparalleled US Government satellite communications integration to ...
22/03/2022
Acquisition scales US Government business and expands the capabilities and solut...
21/03/2022
SES will earn an additional $170 million from Verizon through accelerated cleari...
17/03/2022
The U.S. Navy employs geostationary and medium earth orbit satellite communicati...
17/03/2022
New uplink services will ensure optimal viewing experiences for audiences across Europe
Luxembourg, 17 March 2022 - SES and CANAL have expanded their partners...
16/03/2022
Broadcaster will leverage SES's cloud-based solution for its linear TV channel, ZooMoo Kids, which is available in SD and HD
Luxembourg, 16 March 2022 - Br...
15/03/2022
High-availability satellite connectivity for the 2041 Foundation expedition ensures participants can stream and share the cause with the outside world
Luxembo...
11/03/2022
Luxembourg, 11 March 2022 - SES S.A. announced today that Fitch Ratings assigned a Long-Term Issuer Default Rating and senior unsecured rating of BBB' with...
02/03/2022
Company sets targets to support sustainable use of space, achieve carbon NetZero...
24/02/2022
Solid year of execution and performance underpins future growth and returns
Luxembourg, 24 February 2022 -- SES S.A. announces financial results for the year e...
21/02/2022
As part of the long-term agreement, TELE 5 HD continues to be part of the HD+ channel bouquet
Luxembourg, 21 February 2022 - The Discovery Deutschland GmbH & C...
16/02/2022
This gateway will enable unprecedented high-performance and low-latency connectivity services across the whole African continent
Luxembourg, Paris 16 February ...
14/02/2022
This joint venture with Jio Platforms is massively exciting because we are worki...
09/02/2022
Marlink's customers will leverage SES's next-generation medium earth orbit constellation for high-throughput and low-latency solutions across portfolio ...
21/01/2022
Residents of South Pacific nation made first international calls using SES's C-band capacity following massive eruption and tsunami last weekend
Luxembourg...
19/01/2022
Doubling of connected sites and connectivity services mainly driven by commercial maritime players
Luxembourg, 19 January 2022 - The number of sites and conne...
18/01/2022
Hemingway charged with driving SES's growth strategy
Luxembourg, 18 January 2022 - SES is adding a new Chief Strategy and Product Officer (CSPO) to its Sen...
13/01/2022
Guaranteed non-preemptible volume-based satellite services for mission-critical communications
Reston, Va. 13 January 2022 - SES Government Solutions, a wholly...
20/12/2021
Enabled by SES' network of satellites, Honeywell's JetWave MCX terminal ...
15/12/2021
Fibre-like O3b satellite connectivity to help accelerate digital transformation ...
07/12/2021
Series of tests enables the U.S. Army to lay foundation for multi-domain operati...
06/12/2021
Hydra provides mission assurance with modern, fully customizable situational awareness dashboard for the U.S. Government and military
Reston, Va., 6 December 2...
24/11/2021
FCC validation ahead of the 5 December 2021 Phase I accelerated relocation deadl...
19/11/2021
Two satellites at 19.2 degrees East will enable SES's major European broadca...
18/11/2021
German audiences will continue to receive Live Commerce TV station in both SD and HD quality via satellite
Luxembourg, 10 November 2021 - HSE, leading provider...
10/11/2021
New service will leverage IP streaming to deliver 50 HD channels and content libraries and can expand HD reach by 20 million homes
Luxembourg, 9 November 202...
09/11/2021
Strong execution underpinning FY 2021 outlook, future growth, and value creation
Luxembourg, 4 November 2021 -- SES S.A. announces financial results for the ni...
04/11/2021
To better serve more than 2 million subscribers, Mexican pay-TV provider leverages SES's capabilities to deliver both linear and on-demand content
Luxembou...
03/11/2021
Isotropic Systems simultaneously connects multiple SES satellites across separat...
02/11/2021
SAWA Rights Management to distribute SRM's premium TV channels to commercial businesses across the MENA region
Dubai, 28 October 2021 - SAWA Rights Managem...
02/11/2021
German, Austrian and Swiss audiences will now enjoy 24/7 Live Commerce TV station in HD quality via satellite
Luxembourg, 2 November 2021 - Shop LC GmbH, a sub...
28/10/2021
State-of-the-art satellite serving the Americas will transform aviation connectivity landscape and accelerate digital inclusion programmes in the region
Guiana...
24/10/2021
Technology advancements developed by both teams will focus on benefits of next-generation satellite connectivity network in domains such as quantum communicatio...
14/10/2021
Sirius TV launches new low-cost bouquet starting with 13 TV channels via SES-12 satellite
Luxembourg/Malaysia, 5 October 2021 - Sirius TV, a brand of Smart Dig...
05/10/2021
SES to use its global satellite and terrestrial infrastructure to aggregate and deliver sports events live to SoftBank so that millions across Japan can enjoy s...
30/09/2021
For the first time, three CGTN channels will be broadcast in HD via SES's prime neighbourhood of ASTRA 19.2 degrees East
Luxembourg, 29 September 2021 - Au...
29/09/2021
Hughes Resource Management System Seamlessly Switches Signal across SES's Ge...
22/09/2021
Since Q1 2021, more than 60 channels have adopted SES's cloud infrastructure, leveraging its flexibility and cost-effectiveness to broadcast their channels ...
15/09/2021
Built by Thales Alenia Space, the SES satellite will deliver high-speed connectivity services to mobility, enterprise and government segments across the America...
14/09/2021
SES's German media platform HD will deliver 50 HD channels for on-the-go streaming to its subscribers' iOS and Android smartphones and tablets
Luxembo...
06/09/2021
Sabrina Alam, SES Associate
Programme MemberIntegrating an Environmental, Social and Governance (ESG) Programme into a company's philosophy is about far mo...
This joint venture with Jio Platforms is massively exciting because we are working with India's largest telecom operator to extend and complement their broadband and mobile networks. 
