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Jio IPO by 1st half of 2026: Ambani
The New Indian Express Villupuram
|August 30, 2025
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.
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 digitization, and consumer AI services.
Dit verhaal komt uit de August 30, 2025-editie van The New Indian Express Villupuram.
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