TheTalkStreet
TheTalkStreet
Tuesday, 05 Nov 2024
TheTalkStreet

Reliance Jio Plans Major IPO in 2025, Valuation Could Hit $150 Billion

Reliance Jio's highly anticipated IPO is expected to take place in 2025, marking a major event in India's financial markets. The IPO is anticipated to raise Jio's valuation significantly, with estimates suggesting it could become one of the most valuable telecom companies globally, potentially reaching a market cap of around $150 billion. The IPO will help Reliance Jio recover its massive infrastructure investments and expand its telecom services, especially in 5G.