Ambani to Bet on 4G Broadband in India, Though Risks Abound

Mukesh Ambani, an Indian tycoon investor, won a very exclusive license to implement 4G in India. Because of the poverty in India, Ambani faces a large risk with attracting consumers to buy this product. They key will be affordability and this is a challenge Ambani will have to overcome. Some investors believe he is over his head and may not want to take on such a large risk.

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