Day: July 21, 2026

India Jio Posts Strong Growth Ahead of Expected IPO

Satellite Broadband

India’s Jio Posts Strong Growth Ahead of Expected IPO

July 21, 2026
Reliance Jio

Summary:Ahead of its planned $4 billion IPO, Jio Platforms reported strong Q1 FY27 performance, with revenue rising 12% year-on-year and EBITDA increasing 15.1%. The company expanded its subscriber base to over 533 million, including 285 million 5G users, while its fixed broadband business grew to 28.6 million customers, led by JioAirFiber’s 14 million subscribers. Alongside […]