Jio IPO likely in 2025; firm valuation estimated at $100bn

Jio IPO likely in 2025; firm valuation estimated at $100bn

Indian billionaire Mukesh Ambani targets a 2025 Mumbai listing for his telecom business Jio, valued by analysts at over $100 billion, and plans to launch his retail unit's IPO much later, two people familiar with the matter told Reuters.

Reliance Industries' boss Ambani hasn't update...


BSNL sees subscriber surge

BSNL sees subscriber surge

Once considered a laggard, BSNL has experienced a notable subscriber boost in recent months, as many users shifted to the state-owned telecom provider following recent tariff hikes by private telecom giants, The TOI reported. According to TRAI’s latest d...


Airtel

Airtel launches AI-enabled technology to combat spam

Bharti Airtel is set to enhance user experience by rolling out an artificial intelligence (AI)-enabled technology aimed at curbing spam calls and messages. Managing Director and CEO Gopal Vittal announced that this innovative solution will be implemented starting at midnight on September 26. This in-house developed AI-powered solution uses a ...


Bharti Airtel

Bharti Airtel to invest $1bn in 4G expansion

Bharti Airtel, India’s second-largest telecom operator, is set to invest $1 billion in 4G network gear from Ericsson, Nokia, and Samsung over the next three years, according to a report by The Economic Times. The move aims to bolster Airtel’s 4G coverage and...