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Jio Sets Sights on Global Expansion
Business Standard
|August 30, 2025
Eyes transformation into deep-tech company
Reliance Industries Ltd (RIL) will list its telecom services arm Reliance Jio by June 2026, even as the group plans to take Jio's services to other global markets after having become India's largest telecom services provider, clocking over 500 million users of whom 220 million were using 5G.
The public offer would be undertaken by Jio Platforms Ltd (JPL), the holding company of Reliance Jio Infocomm, which also fully owns the telco, said people aware of the development.
"Today, it is my proud privilege to announce that Jio is making all arrangements to file for its IPO. We are aiming to list Jio by the first-half of calendar year 2026 (H1CY26), subject to all necessary approvals," RIL Chairman and Managing Director (CMD) Mukesh Ambani said at the group's annual general meeting (AGM) on Friday.
Denne historien er fra August 30, 2025-utgaven av Business Standard.
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