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Telecom Sector Offers Strong Value Ahead Of Jio IPO Says TRUST MF
M
Moneycontrol•19-10-2026, 12:37
Telecom Sector Offers Strong Value Ahead Of Jio IPO Says TRUST MF
- •TRUST Mutual Fund CIO Mihir Vora highlighted that the telecom sector offers great value to investors following years of consolidation and improving pricing power.
- •Vora noted that intense competition has faded, leaving a stable market of three to four major players with growing demand from AI, data centres, and B2B segments.
- •The Rs 30,213 crore Jio Platforms IPO opens for subscription on October 21 as a fresh issue of shares, marking India's largest public offering ever.
- •HDFC AMC MD and CEO Navneet Munot stated that the massive Jio issue highlights the incredible depth and potential of India capital markets.
Key Questions Answered
The Rs 30,213 crore Jio Platforms IPO opens for subscription on October 21 and is entirely a fresh issue of shares with no offer-for-sale component.
TRUST Mutual Fund's CIO Mihir Vora states that the telecom sector offers good value to investors after years of consolidation, reduced cutthroat competition, and improved pricing power.
Navneet Munot noted that the Jio issue demonstrates the depth and long-term potential of India's capital markets, proving that companies can raise billions of dollars locally within a decade.
