Journey of Reliance acquired, Fynd with Founder, Farooq Adam
Have you ever heard about Infotel Broadband Services Limited (IBSL)?
Even if you haven’t, I’m very much sure that you can’t deny that you don’t know its current rebranded form.
I’ll give you a hint; this company currently has the largest market share in terms of wireless subscribers (i.e. telecom) in India, even greater than Airtel.
Yes, you’ve got it right, it's Jio.
Before getting rebranded as Jio, the original company IBSL, was the only company that won broadband spectrum in all 22 circles in India in the 4G auction in 2010.
And later that year Reliance Industries acquired the company…
The skinny
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