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Facebook Takes $5.7B Stake in India’s Jio

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31–40 of 183 posts

Re: Facebook Takes $5.7B Stake in India’s Jio

#31
post #24

Earlier quoted context omitted.

Won't happen, even if Ambani's and others are lobbying for it. BSNL is required for secure government and military communication.

and Ambani owns the govt...

Ambani owns jack shit. These kind of low denominator strawmans do not lead to a healthy discussion. Please keep it to yourself or go to a community that welcomes it.

Re: Facebook Takes $5.7B Stake in India’s Jio

#33

I'll take a contrarian view. This is good! All investment into India is good. (Yes even Chinese investment.) We are a poor capital starved country. We need every bit of cash we can get and that $5.7B will generate employment and create another strong telecom player. I strongly supported net neutrality in 2016 in India, but circumstances have changed. Jio needs the money, as does India. The poor cannot afford principl…

Poor will always seek temporary security and relief over long term damage and starvation - me

Re: Facebook Takes $5.7B Stake in India’s Jio

#34

I'll take a contrarian view. This is good! All investment into India is good. (Yes even Chinese investment.) We are a poor capital starved country. We need every bit of cash we can get and that $5.7B will generate employment and create another strong telecom player. I strongly supported net neutrality in 2016 in India, but circumstances have changed. Jio needs the money, as does India. The poor cannot afford principl…

The poor cannot afford principles ??? Really how much do you get paid to shill that hard

Sigh. I wish I was paid. I fall into the category of what Ambani would call useful idiots.

Re: Facebook Takes $5.7B Stake in India’s Jio

#35

I'll take a contrarian view. This is good! All investment into India is good. (Yes even Chinese investment.) We are a poor capital starved country. We need every bit of cash we can get and that $5.7B will generate employment and create another strong telecom player. I strongly supported net neutrality in 2016 in India, but circumstances have changed. Jio needs the money, as does India. The poor cannot afford principl…

Armchair economists and their deluded takes like this comment are sometimes the highlight of my day. Thank you for this.

Re: Facebook Takes $5.7B Stake in India’s Jio

#36
post #5

This is bad. One executive at Jio already confirmed they use DPI to monitor traffic on their networks, and their apps, be it their MyJio, JioTV, JioNews, etc. ask for almost every permission there is. Also, it looks like the Zuck hasn't given up on his internet.org thing yet. He failed the first time, might as well join hands with a person who literally is the Government in India. Can't switch to Idea because they we…

> a person who literally is the Government in India

Out of the loop: can you clarify what you mean by this?

Re: Facebook Takes $5.7B Stake in India’s Jio

#37

Wow! Very interesting news. (Bad for us consumers ofcourse.) Reliance Jio is focusing on vertical integration by even building and rolling out their own 5G tech ( https://content.techgig.com/jio-develops-in-house-5g-tech-ai... ). And I am sure they plan to expand to other countries in 5 years or so. It will be very interesting to watch how they change the telecom industry in these countries too, in the future. Specul…

>(Bad for us consumers ofcourse.) explain?

- They've crippled the indian telecom industry by driving out many competitors through their anti-competitive behaviour of offering FREE services for nearly a year under the guise of "testing" their network. They were aided in this by the government who ignored the protests from the other players.

- Then they offered services for very LOW prices.

- Once the competitors were driven out, they've RAISED prices. And are now lobbying with the government to reduce inter-connection charges and to stop "Free" calls which their remaining competitors are still offering.

- They are also extremely INVASIVE in collecting data on you through their services, apps, and even deep packet inspection of your secure connections. They are also suspected of creating shadow profiles and trying to link it to real profiles by data from their other businesses (e.g. Reliance Retail stores) and also through data they purchase from data brokers.

- They lobbied AGAINST NET-NEUTRALITY and tried to offer Facebook services for free, but luckily for us failed.

- I can bet that Facebook and Jio will now SHARE DATA and use each others service more. Goodbye privacy. For ever.

Re: Facebook Takes $5.7B Stake in India’s Jio

#38
post #5

This is bad. One executive at Jio already confirmed they use DPI to monitor traffic on their networks, and their apps, be it their MyJio, JioTV, JioNews, etc. ask for almost every permission there is. Also, it looks like the Zuck hasn't given up on his internet.org thing yet. He failed the first time, might as well join hands with a person who literally is the Government in India. Can't switch to Idea because they we…

> a person who literally is the Government in India Out of the loop: can you clarify what you mean by this?

I guess they mean Mukesh Ambani, who owns Jio and is the richest person in Asia, is a powerful player in Indian politics.

Re: Facebook Takes $5.7B Stake in India’s Jio

#39

I'll take a contrarian view. This is good! All investment into India is good. (Yes even Chinese investment.) We are a poor capital starved country. We need every bit of cash we can get and that $5.7B will generate employment and create another strong telecom player. I strongly supported net neutrality in 2016 in India, but circumstances have changed. Jio needs the money, as does India. The poor cannot afford principl…

The poor cannot afford principles ??? Really how much do you get paid to shill that hard

That was uncalled for: "the poor can not afford principles" is a fairly reasonable opinion to have.

Re: Facebook Takes $5.7B Stake in India’s Jio

#40
post #5

This is bad. One executive at Jio already confirmed they use DPI to monitor traffic on their networks, and their apps, be it their MyJio, JioTV, JioNews, etc. ask for almost every permission there is. Also, it looks like the Zuck hasn't given up on his internet.org thing yet. He failed the first time, might as well join hands with a person who literally is the Government in India. Can't switch to Idea because they we…

> a person who literally is the Government in India Out of the loop: can you clarify what you mean by this?

The same old tired Illuminati/Soros/ spiel repeated in all the countries across the globe.
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