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Jio Platforms IPO: Akash Ambani says Jio carries over 60% of India's data traffic, eyes major share of $1.4 tn digital economy

Our read

Jio Platforms will more likely than not complete its IPO on the strength of its data-traffic leadership, with investor debate shifting from scale to monetisation.

For operators

Jio's claim of carrying over 60% of India's data traffic, with per-GB prices among the world's lowest, suggests cheap mobile data will keep feeding online and app-led shopping toward the $1.4 trillion digital economy forecast for FY31, so retailers should keep investing in mobile-first channels.

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Jio's data-traffic share above the 60% cited, in its first results after listing, would mean the lead is widening, leaving rivals less room to win share.

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Which other retail IPOs are coming up?

The report,

Reliance Jio Infocomm Chairman Akash Ambani said on Thursday that Jio carries more than 60% of India's data traffic, with data prices per GB among the world's lowest. He spoke ahead of the Jio Platforms IPO, after the RHP was released on Wednesday.

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Newer report , , Business Today : Jio Platforms IPO: Akash Ambani cites 7,220 patents and 12,000 engineers a day after RHP filing

Read next

  1. Jio Platforms targets 100 million broadband homes from a 40 million footprint, eyes global tech market, , Moneycontrol
  2. Jio Platforms files red herring prospectus for INR 30,213 crore IPO, India's largest ever, , ET BrandEquity
  • BoAt: up from about Rs 20 crore in FY25
  • Nestle India: Sales +20.5% · Profit +36.3%

What to watch next

  • Price band and issue size in the final prospectus
  • Anchor investor allocation before the issue opens
  • Subscription levels on the final day of the issue
  • Tariff moves by Jio or rivals after listing

The source

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