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Jio ends 2024 with 170 million 5G subscribers

Jio added 22 million 5G subscribers in its fiscal Q3 2025, which ended on December 31 Indian telco Reliance Jio Infocomm ended 2024 with 170 million 5G subscribers, according to the quarterly report issued by Reliance Industries, Jio’s parent company. The company noted that 5G accounted...

Jio seeks increased 5G monetization with its 5G FWA offering

Jio is targeting the addition of one million AirFiber customers within a month Indian operator Reliance Jio Infocomm is intensifying efforts to scale its 5G-powered fixed wireless access (FWA) service, Jio AirFiber, with plans to significantly boost customer acquisitions over the next year. The initiative aims...

Reliance Jio paves way for IPO this year: Report

Reliance Jio Infocomm’s valuation is estimated to be between $100 billion and $120 billion Indian billionaire Mukesh Ambani has reportedly started the process for an initial public offering (IPO) of Reliance Industries’ telecom subsidiary, Reliance Jio Infocomm. Local press reports stated that the planned IPO is...

Jio experiences widespread network outage in India

The outage affected Reliance Jio Infocomm's mobile and broadband services Indian carrier Reliance Jio Infocomm, owned by local conglomerate Reliance Industries, experienced a nationwide network outage on September 17, affecting millions of users across India. The outage, which began earlier in the day, was attributed to...

Reliance Jio Infocomm reaches 5G nationwide coverage

Reliance Jio Infocomm currently has more than 130 million 5G users Indian operator Reliance Jio Infocomm has reached nationwide coverage with its 5G offering, local press reported, citing Reliance Industries Limited (RIL) chairman Mukesh Ambani. During RIL’s 47th annual general meeting, Ambani said the telecom operator...

Indian carrier Jio ends March with 108 million 5G subscribers

Jio noted that 5G accounted for 28% of all wireless data carried on its network Indian company Jio Platforms ended fiscal Q4, ending March 31, with 108 million subscribers in the 5G segment. Jio noted that 5G accounted for 28% of all wireless data carried...

Reliance Jio Infocomm considers launching IPO in 2025: Report

Brokerage firm Jefferies also suggested that Jio might debut with a valuation around $112 billion Indian telecommunications firm Reliance Jio Infocomm is exploring the possibility of a major initial public offering (IPO) in 2025, Indian newspaper Business Standard reported, citing a note by investment company...

Indian carrier Jio mulls IPO in 2025: Report

The report noted that Jio could launch the IPO due to the potential exit of some of its current investors Indian carrier Reliance Jio Infocomm is likely to make its initial public offering (IPO) in 2025, when global private equity firms may look to exit...