While India's richest man mukesh ambani has recorded tremendous growth through the jio service, he has been planning for months to expand jio overseas.



He has already tried and failed once but has now taken up the new venture. Ghazni Muhammad ruler was very famous for his innumerous attempts, and on following the same route Ambani has acquired it.



Mukesh Ambani has landed in the UK in a bid to expand jio, India's largest telecom service provider, across the country.



British Telecom

Reliance Industries' telecom services arm jio is actively planning to expand its service overseas.



To this end, reliance industries is currently planning to make a major investment in BT (British Telecom), the UK's leading telecom company.


T-Mobile Netherlands

In August, reliance Industries' attempt to acquire Dutch-based Deutsche Telecom's D-Mobile Dutch company D-Mobile, headquartered in Bonn, Germany, lost to Apax Partners and Warburg Pincus.



Mukesh Ambani Stoke Park

Meanwhile, reliance industries chairman mukesh ambani has bought the huge Stoke Park 5 star hotel in the UK for 57 million and is converting it into his own home.


Not only that, but the Ambani family as a whole has denied allegations that they will be moving to the UK.



419 Institutional Investors

It has been reported that BT is planning to invest heavily in the UK to expand its jio service in the country. BT shares are held by approximately 419 institutional investors.


Reliance ready to buy

It has been reported that BT shareholders have been informed that reliance industries is ready to buy the shares if they pay the right price.





 BT is trying to dominate the company's management by acquiring this stake.



Alliance

Reliance industries has said it is ready to form an alliance or invest in BT's expansion if the acquisition fails, and has begun preliminary talks between the two sides.


40 percent of the population

About 40% of the UK's population are BT customers. BT has 30 million retail customers and 1 million corporate customers in the UK.



Today, the total value of the BT Group is $ 20.63 billion.

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