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Jio Platforms Shifts Focus From Network Capex To Monetisation Ahead Of IPO
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CNBC TV18•06-10-2026, 12:25
Jio Platforms Shifts Focus From Network Capex To Monetisation Ahead Of IPO
  • •Jio Platforms is shifting its strategy from network expansion to monetising its existing infrastructure and massive customer base to drive earnings growth ahead of its upcoming IPO.
  • •The company is targeting an October 21-23 window for its initial public offering, with overseas roadshows already concluded and strong foreign investor interest reported.
  • •Growth will be driven by four main pillars: mobility, home broadband, enterprise technology, and international digital services, aiming to shift revenue mix from 85:15 connectivity-to-digital towards 60:40.
  • •With 524.4 million telecom customers, Jio sees further upside through 2G-to-4G/5G migration, higher-value plans, and targeting the underserved 70 million small and medium businesses in India.
  • •Jio also plans to expand internationally by exporting its proprietary technology stack through partnerships and joint ventures in Europe, East Asia, and Africa without heavy capital outlays.

Key Questions Answered

Jio Platforms is targeting an IPO window from October 21 to October 23, with the anchor book potentially opening on October 19 and shares expected to list on October 28.

Jio plans to lift average revenue per user by shifting subscribers from older 2G networks to 4G and 5G, introducing higher-value plans, and expanding digital services like cloud PCs and cloud gaming.

Jio's growth strategy is built around mobility, homes, enterprise, and international technology services as it shifts focus from network expansion to infrastructure monetisation.