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Jio IPO by 1st half of 2026: Ambani
August 30, 2025
|The New Indian Express Bengaluru
RELIANCE Industries chairman Mukesh Ambani on Friday said he will take the group's telecom and digital arm Jio public by the first half of 2026.
Since its debut in 2016, Jio has netted over 500 million customers, which outnumber the combined populations of the US, France and England, making it one of the largest mobile operators in the world.
Reliance Jio Infocomm's initial public offer (IPO) would unlock value for its 4.4 million shareholders, Ambani told shareholders at the 48th Annual General Meeting here on Friday.
"Today, it is my privilege to announce that Jio is making arrangements to file for its IPO. We are aiming to list Jio by the first-half of 2026, subject to necessary approvals," he said.
Since its commercial debut in 2016, Jio has built the world's fastest 5G rollout, with an ambition to expand into smart homes, enterprise digitisation, and consumer AI services.
هذه القصة من طبعة August 30, 2025 من The New Indian Express Bengaluru.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The New Indian Express Bengaluru
The New Indian Express Bengaluru
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No Nehru papers missing from Teen Murti: Govt
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1 min
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Genome factor behind very high TB burden among tribal groups in MP
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Modi begins maiden Ethiopia visit, seeks to deepen ties across sectors
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1 min
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Trying to flee cops, woman falls from 4th floor of hotel
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1 min
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₹ fall deepens as it closes at 90.73/$, weakens by 0.34%
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1 min
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