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Jio’s 2026 IPO could boost India’s wireless revenue per user by 12% annually through 2028, driven by higher prices, 5G, and more postpaid plans, JM Financial says.
Reliance Jio’s planned early 2026 IPO is expected to drive a 12% annual increase in India’s wireless ARPU through 2028, fueled by tariff hikes, 5G adoption, postpaid growth, and fixed wireless access, according to JM Financial.
The brokerage forecasts rising free cash flow for Jio and Bharti Airtel, with Bharti’s EBITDA growing 14–18% annually, and maintains a 'BUY' rating on both companies, citing improved pricing power and moderated capital spending.
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La IPO de Jio en 2026 podría aumentar el ingreso inalámbrico de la India por usuario en un 12% anual hasta 2028, impulsado por precios más altos, 5G y más planes de pospago, según JM Financial.