Reliance Jio IPO: CLSA says listing will be 'mega event';...

added a post in Business

2025-09-03 11:16:17 -

Reliance Jio IPO: CLSA says listing will be 'mega event'; pegs $128 bn valuation as growth accelerates

Reliance Jio's anticipated IPO by 2026 is poised to significantly impact India's telecom sector, potentially triggering a rerating of Bharti Airtel. CLSA highlights Jio's dominant 42% market share, driven by over 500 million subscribers and aggressive expansion. The IPO and tariff hikes are expected to fuel substantial revenue and EBITDA growth for Jio.

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