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Facebook-Reliance Jio deal to go to CCI, Trai may also step in

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Reliance need money, AMRCO deal may not happen, reliacne has debt from foreign countries and mr ambani promised to have debt free reliance, as per reliance they want to create wealth for their future generations via JIO as they know oil will be useless till 2030, ambanis great sons are not that smart to go on or generate good businesses. reliance need jio to exist till eternity, but government should not allow this else government will see no one will invest in telecom, in next 10 years jio will see downfall, why mark wanted this deal, FB is also facing huge issue with its valuation and market saturation, its payment tech is also not seeing high growth, so via jio FB will promote its payment app.Government is thinking every rural youth have affordable internet vie jioFB deal, they have to wait for elon musk techonology of free internet via satellites, ideally government should not promote such alliance.

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