After disrupting the Indian telecom market, telecom company Reliance Jio Infocomm Ltd is now planning to expand into Europe, Estonia to be specific, according to a report by Mint.
The report further states that Reliance Industries Ltd.’s (RIL) wholly-owned subsidiary, the investment holding company, Reliance Industrial Investments and Holdings Ltd. will issue a loan of INR 12.20 crore (€1.5 million) to the unit in Estonia, so that operations can begin.
Estonia’s attractive e-solutions are drawing in businesses who want to enter the lucrative European market, while handling operations digitally. The latest suitor of Estonia’s e-governance solutions seems to be Jio.
