D-St plans on Jio’s mind, likely tariff hike may boost valuation: Analysts
By
Binu Mathew
Mumbai: Reliance Industries’ plans to list unit Jio Platforms, the parent of telecom market leader, Reliance Jio, has set the stage for a 15% industry tariff hike expected later this year, say analysts.
They added that this move could lift the mobile phone operator’s valuation beyond the $133 billion some analysts currently peg it at.
Reliance Industries is planning to list its digital venture Jio Platforms in the first half of 2026, RIL chairman Mukesh Ambani told an annual shareholder meeting last week.
