Jio buys US-based Mimosa Networks for $60 million

PTI

Updated At : 02:25 PM Mar 10, 2023 IST

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New Delhi, March 9

Jio Platforms will buy equipment maker Mimosa Networks for $60 million as it looks to bolster its 5G services. Radisys Corporation, a subsidiary of Jio, signed a pact with Airspan Networks Holdings for the acquisition on a debt-free, cash-free basis, the companies said.

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