Stories
Jio to add 314 million new mobility users, says Akash Ambani
N
News18•15-10-2026, 17:51
Jio to add 314 million new mobility users, says Akash Ambani
- •Jio Platforms Managing Director Akash Ambani stated that around 100 million Indians are expected to get a SIM card for the first time in the next five years.
- •Reliance Jio is looking at the potential to add around 314 million mobility customers by expanding connectivity, migrating 2G users, and tapping new subscribers.
- •Additionally, 240 million subscribers currently using 2G networks may transition to faster 4G and 5G services.
- •Jio has filed over 7,220 patents, employs more than 12,000 engineers, and aims to deliver high-quality digital services to every Indian household.
Key Questions Answered
Reliance Jio expects to add around 314 million new mobility customers over the next five years, driven by expanding connectivity, first-time SIM users, and network migrations.
Approximately 240 million subscribers currently using 2G networks are expected to transition to faster 4G and 5G services.
The ₹30,213 crore Reliance Jio IPO is scheduled to open for subscription from October 21 to October 23, 2026, with a price band set between ₹1,065 and ₹1,119 per share.
