Reliance Jio IPO timeline remains uncertain despite speculations at Reliance’s AGM. CLSA notes that Reliance Jio’s IPO can impact Bharti Airtel’s stock positively. Jio’s parent company, Reliance Industries, holds 67% stake in RJio. CLSA predicts a $38 billion annual revenue for the sector by FY26. Both Jio and Airtel control 78% of India’s mobile market. While Jio leads in subscribers, Airtel has the highest ARPU. Bharti’s efficient capital allocation is expected to result in higher ROCE and $10bn operating cash flow by FY26. Jio and Bharti are expanding 5G services, while VodafoneIdea’s 5G rollout is pending.
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What Reliance Jio’s IPO may mean for Airtel
Reliance Jio IPO timeline remains uncertain despite speculations at Reliance’s AGM. CLSA notes that Reliance Jio’s IPO can impact Bharti Airtel’s stock positively. Jio’s parent company, Reliance Industries, holds 67% stake in RJio. CLSA predicts a $38 billion annual revenue for the sector by FY26. Both Jio and Airtel control 78% of India’s mobile market. While Jio leads in subscribers, Airtel has the highest ARPU. Bharti’s efficient capital allocation is expected to result in higher ROCE and $10bn operating cash flow by FY26. Jio and Bharti are expanding 5G services, while VodafoneIdea’s 5G rollout is pending.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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