Reliance Jio prone to go public this yr: CLSA

[ad_1] Indian billionaire Mukesh Ambani-owned Reliance Jio Infocomm Ltd, the nation’s prime telecom operator, is probably going planning a mega IPO, international brokerage CLSA has stated. “2022 will see huge occasions led by the 5G spectrum public sale and a probable mega preliminary public supply (IPO)/separate itemizing of Reliance Jio from RIL, following the 33 … Read more

Reliance Jio IPO launch in 2022? Jio may go public this yr, says CLSA

[ad_1] Mukesh Ambani’s telecom firm, Reliance Jio, with an enterprise worth of $100 billion, may launch its IPO this yr, based on CLSA. A report suggests, Reliance Jio has round 427 million cellular subscribers making it India’s largest telecom service supplier. This gained’t be the primary time we hear about Reliance Jio IPO, as the … Read more

Reliance Jio’s upcoming 4G characteristic cellphone will goal 150 million customers: CLSA

[ad_1]         Information oi-Priyanka A further 100 million subscribers would increase Reliance Jio’s market share to round 19-20 %, greater than the third largest operator Thought Mobile Ltd. | Printed: Thursday, July 13, 2017, 11:15 [IST] In keeping with a brand new report by brokerage agency CLSA, Reliance Jio’s upcoming 4G characteristic … Read more