Exclusives | Asia

Ambani’s Jio explores tech-for-equity talks with Comcast and Charter, sources say

4 November 2026, 9:07 am

1 min read

National Stock Exchange of India CEO Ashishkumar Chauhan, Chairman of Piramal Finance Anand Piramal, Nita Ambani, Chairman and Managing Director of Reliance Industries Mukesh Ambani, Isha Ambani, non-executive director at Jio Platforms Ltd, Managing Director of Jio Platforms Limited Akash Ambani, Anant Ambani, non-executive director at Jio Platforms Ltd, Shloka Mehta Ambani and Kokilaben Ambani attend a bell-ringing ceremony on the day of the listing of Jio Platforms Limited during its IPO at the National Stock Exchange of India (NSE) in Mumbai, India, October 28, 2026. REUTERS/Francis Mascarenhas

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.

Why it matters

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.