Meta- and Google-backed Indian telecom operator Jio Platforms gets regulatory nod for IPO

India's largest digital and telecom operator, Jio Platforms, got a regulatory nod for an IPO, but the National Stock Exchange, another mega issue, is still awaiting regulatory clearance.

The top 3

  1. Top 3 Mobile Telecom Operators by Subscribers in India: As of July 2026, Reliance Jio leads India's wireless mobile subscriber base with 506.03 million users, followed by Bharti Airtel with 489.49 million, and Vodafone Idea with 199.06 million subscribers.
  2. Jio Platforms' Dominant Market Share in Key Segments: Jio Platforms holds a 39.29% market share in India's wireless mobile subscribers as of July 2026, leads the 5G Fixed Wireless Access (FWA) segment with about 70.2% share, and is India's largest fixed broadband provider with 27.1 million subscribers as of March 2026.
  3. Jio Platforms Set to Be India's Largest IPO: Jio Platforms' proposed IPO, aiming to raise approximately $3.8 billion (₹37,700 crore), is expected to be the largest in India's history, surpassing previous records set by Hyundai Motor India (₹27,858.75 crore) and LIC (₹21,008.48 crore).

Sources

Open the full topic