JIO BROADBAND CONNECTIONS
Ambani's Jio Platforms explores tech-for-equity talks with Comcast and Charter, sources say
Jio Platforms, controlled by Mukesh Ambani's Reliance Industries, is exploring international partnerships for its broadband technology. The company has discussed potential collaborations with Comcast, Charter Communications, and South Africa's MTN Group. Negotiations with MTN fell through due to disagreements on valuation and licensing issues. Jio aims to secure 10 to 15 global partners for its proprietary system. There is currently no set timeframe for reaching a definitive agreement.
Reliance Industries Q2 Results: Profit shoots up 41% YoY to Rs 25,548 crore, revenue surges 29%
Reliance Industries Q2 Results: Mukesh Ambani-led Reliance Industries Ltd (RIL) on Friday reported a 41% year-on-year (YoY) growth in consolidated net profit to Rs 25,548 crore for the September quarter of FY27, compared with Rs 18,165 crore in the corresponding period last year.
Record earnings! 5 big takeaways from RIL Q2 results investors should watch for Monday trading
Reliance Industries reported record Q2FY27 profit of Rs 29,550 crore and revenue of Rs 3.62 lakh crore, driven by strong refining margins and Jio growth. Retail profitability weakened, while declining debt improved the conglomerate's financial position.
Jio’s connectivity push gathers pace, 5G base hits 300 million and broadband homes 30 million
Jio Platforms reported a 28% increase in its 5G subscriber base and a 32% rise in home broadband connections. By the end of the September quarter, Jio had added 66 million 5G customers, reaching a total of 300 million subscribers. The company acquired 15 million new 5G users sequentially during the third quarter. Jio is now the world's largest 5G operator outside China.
Jio Platforms is becoming more than a telecom company: Dolat Capital
Jio Platforms is poised to evolve beyond telecom as tariff hikes, 5G monetisation, home broadband and enterprise digital services drive its next growth phase, according to Dolat Capital. The brokerage initiated coverage with an Accumulate rating and a target price of Rs 1,435, citing strong growth prospects and rising free cash flow.
From Dhirubhai Ambani’s Rs 10 crore IPO to Akash Ambani’s Rs 12.5 lakh crore Jio debut: Reliance’s biggest wealth story
Jio Platforms’ Rs 12.5 lakh crore debut marks a new milestone in the Ambani family’s wealth creation journey, tracing Reliance’s evolution from its Rs 10 crore IPO in 1977 to a digital technology giant.
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No. 2 on Day 1: How Jio Platforms broke India’s market cap hierarchy in debut trade
Jio Platforms made a blockbuster stock market debut, listing at a 21.3% premium over its IPO price of Rs 1,119 at Rs 1,358 on the BSE. With a market capitalisation of around Rs 12.5 lakh crore, it became India’s second-most valuable listed company after parent Reliance Industries, overtaking Bharti Airtel. The debut also made Jio India’s largest listed telecom company, placing it ahead of major players such as TCS, SBI and Bajaj Finance.
Jio after listing: 5 factors that could drive big returns for long-term investors
Jio Platforms recently debuted on the stock market with a strong initial premium over its IPO price. The company is well-positioned for growth due to its largest subscriber base and potential market expansion. Increased revenue can also result from higher average revenue per user and upcoming tariff hikes. Additionally, Jio's ventures into home broadband, AI, and cloud services present new revenue opportunities.
Jio Platforms shares get 3 Buy calls on Day 1 as Nomura, Motilal and Elara initiate coverage. Check target price
Jio Platforms debuted at a 21.36% premium to its IPO price on Wednesday, while Nomura, Motilal Oswal and Elara Capital initiated coverage with Buy ratings. Brokerages cited telecom leadership, tariff hikes, rising ARPU, digital services and improving cash flow as key growth drivers.
Jio Platforms' post-IPO playbook: What's ahead for No. 2 of Dalal Street?
Reliance Jio Platforms made a blockbuster stock market debut, listing at a 21.4% premium and reaching a $131.5 billion valuation. After India's biggest IPO, investors are watching Jio's next growth engines: tariff hikes, broadband expansion, artificial intelligence, cloud services and stronger cash flows. Can Akash Ambani turn Jio's digital ambitions into sustained earnings and long-term shareholder returns?
Isha Ambani says Jio IPO marks a promise, renews Dhirubhai Ambani’s trust with investors
Isha Ambani described Jio Platforms’ stock market debut as a promise to honour the trust of investors and customers, nearly five decades after Dhirubhai Ambani took Reliance Industries public. Jio’s Rs 30,200-crore IPO attracted over Rs 7 lakh crore in demand, with the stock listing at a 21.3% premium.
Jio, Airtel add nearly equal mobile subscribers in September
Reliance Jio and Bharti Airtel reported similar subscriber gains in September as Reliance Jio added 2.71 million users. Bharti Airtel followed closely by adding 2.69 million subscribers during the same month. Bharat Sanchar Nigam Ltd also grew by 625,633 subscribers while Vodafone Idea recorded an increase of 550,119 users. Overall, India's wireless mobile subscriber base grew by 6.57 million to surpass 1.3 billion for the first time.
Jio Platforms shares to list on BSE, NSE tomorrow; GMP signals 22% premium
Jio Platforms shares are set to list on the BSE and NSE on October 28, with the IPO commanding a grey market premium of around 22%. The Rs 30,213-crore issue was subscribed 22.19 times, led by strong institutional demand. Investors will watch the listing amid Jio’s growth ambitions and financial performance.
Jio IPO allotment likely today: GMP signals 22% listing gains. Here’s how to check status
The IPO allotment is expected to be finalised today, allowing applicants to check whether they have been allotted shares through the registrar’s website and other online platforms. Jio Platforms shares are scheduled to list on the BSE and NSE on October 28, 2026.
Jio IPO ends with over 22X oversubscription; QIB portion booked 70 times. Check GMP, other details
Jio Platforms’ Rs 30,213 crore IPO closed with 22.19 times subscription, attracting bids for 428 crore shares. Qualified institutional buyers led demand, subscribing their portion 70 times, while retail investors booked 2.72 times. The IPO’s grey market premium stood at around 21%, ahead of its scheduled October 28 listing.
Jio Platforms IPO creates history: First issue globally to cross 1 crore applications
Jio Platforms has received over 1 crore applications, setting a global record for investor participation ahead of its October 23 closing. The Rs 30,213-crore issue was subscribed 7.49 times by 12:36 pm on Friday, led by strong demand from qualified institutional buyers and non-institutional investors.
Jio IPO closes today: Will it deliver a double-digit listing gain or become a long-term compounder?
Jio Platforms will wrap up its IPO bidding today, setting a new benchmark as India's largest public offering to date. With an overwhelming interest from investors, substantial gains are forecasted when the shares list. Analysts from various brokerages endorse participation, highlighting Jio's robust leadership in the digital market, with growth prospects that cover cloud services and enterprise solutions beyond telecommunications.
Jio IPO Day 2: Issue subscribed over 5X; GMP at 22%. Check brokerage views and key details
Jio Platforms' Rs 30,213 crore IPO was subscribed 5.23 times by the end of Day 2, led by strong institutional demand, while the retail portion was subscribed 1.49 times. The issue has a grey market premium of around 22%, as brokerages highlight Jio's telecom leadership and digital growth opportunities.
Akash Ambani takes centre stage as Jio IPO shines a spotlight on Reliance’s next generation
In a significant chapter for Jio Platforms, Akash Ambani is stepping into a leading role with the company preparing for an IPO. The event saw incredible momentum, with the IPO being fully subscribed in under two hours, illustrating strong investor demand. As managing director, Akash is directing Jio’s vision as a technological leader while cultivating relationships with prominent investors like Meta.
Jio IPO: Subscribe on day 2? What investors need to know
Jio Platforms’ Rs 30,230-crore IPO received bids worth Rs 95,500 crore on Day 1, with total demand, including anchor investors, reaching Rs 3.45 lakh crore. As the issue enters its second day, brokerages weigh in on its growth prospects, valuation and whether investors should apply now or wait.
Jio IPO Day 1: Issue subscribed 3 times on strong QIB push; retail portion booked 68%. Check GMP
Jio Platforms’ IPO saw strong demand on Day 1, getting booked 3 times overall. The IPO commanded a grey market premium (GMP) of around 23%, while brokerages remained optimistic, citing Jio’s telecom leadership, improving profitability and growth opportunities in broadband and artificial intelligence (AI).
Jio IPO beyond telecom: Why the Ambanis are pitching AI, cloud and 7,220 patents as Jio’s tech future
Jio Platforms ₹30,213 crore IPO marks a significant shift toward technology-driven digital services. With a focus on leveraging its connectivity through AI and cloud technologies, the company is also highlighting its extensive patent holdings. While Reliance Jio Infocomm continues to generate substantial revenue, the company aspires to broaden its reach into enterprise solutions and diverse digital products.
Jio IPO opens with 22% GMP: Check brokerage views, allotment chances and other details
The Rs 30,213 crore IPO, priced between Rs 1,065 and Rs 1,119 per share, will remain open until October 23. At the upper end of the price band, Jio Platforms is seeking a valuation of Rs 10.3 lakh crore, making it one of India's most valuable companies.
Can Jio Platforms IPO deliver long-term growth for high-risk investors?
Jio Platforms, leading India's largest IPO, presents a compelling investment avenue for everyday investors. Despite its massive telecom customer base of 533 million, revenue per user still trails behind Bharti Airtel. However, with a promising growth trajectory in digital services and telecom, this IPO is set to fortify the company's financial standing while decreasing the promoter's stake. Analysts believe Jio Platforms holds strong potential for success in upcoming market conditions.
ET Exclusive: Jio wants satellite broadband that connects 'every Indian home,' says Akash Ambani
Jio Platforms is preparing for its IPO while focusing on debt reduction and bolstering the balance sheet. The company plans to enhance customer engagement and revenue through digital service expansion and 5G monetization strategies. Jio is also exploring satellite connectivity opportunities to ensure broad access to digital services in India and beyond. Investment in technology and operational efficiencies remains a priority for sustainable growth.
Akash Ambani charts Jio’s next phase of growth with satellites, 6G and AI
Akash Ambani outlined Jio Platforms' future focus on satellite communications, pre-6G patents, and AI integration. The company is developing an indigenous satellite communications stack aimed at expanding home broadband services. Ambani revealed Jio's patent strategy aligns with India's goal of 10% global 6G patents originating domestically. Jio's AI initiatives seek to innovate and improve traditional voice and data services for Indian consumers.
Jio IPO’s GMP rises to 22% as India’s largest ever issue set to open on October 21. Should you subscribe?
The IPO is priced at Rs 1,065-1,119 per share and will open on October 21, closing on October 23. At the upper end of the price band, the grey market premium points to an indicative listing price of Rs 1,364 per share.
From ₹228 a GB to ₹7.5: How Mukesh Ambani’s Jio rewired India’s internet and is now seeking a ₹10 lakh crore valuation
The company is now asking investors to value it not merely as a telecom operator, but as a broader technology platform spanning 5G, fixed broadband, cloud, entertainment, enterprise services and artificial intelligence.
Jio IPO vs Airtel shares: Which telecom giant offers greater valuation comfort to investors?
The Rs 30,213-crore public offering comprises an entirely fresh issue of 27 crore shares. If completed as planned, it will become India’s largest-ever initial public offering (IPO), surpassing Hyundai Motor India’s record set in 2024.
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