Jio will invest Rs 2 lakh crore in the rollout of 5G services.
The acquisition aims to strengthen its business in the global sports arena.
Pankaj Mohan Pawar will take over as the managing director of the company from 27 June.
Jio and SES to own 51% and 49% equity stake in Jio Space Technology, respectively.
Collaboration aimed at fast-tracking adoption of new technologies like AI, metaverse & mixed reali