{"id":980689,"date":"2025-12-18T08:07:46","date_gmt":"2025-12-18T02:37:46","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=980689"},"modified":"2025-12-18T08:14:55","modified_gmt":"2025-12-18T02:44:55","slug":"5g-upgrades-broadband-ai-offerings-to-drive-up-jios-arpu-by-9-cagr-by-fy28-morgan-stanley","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/12\/18\/5g-upgrades-broadband-ai-offerings-to-drive-up-jios-arpu-by-9-cagr-by-fy28-morgan-stanley\/","title":{"rendered":"5G upgrades, broadband, AI offerings to drive up Jio&#8217;s ARPU by 9% CAGR by FY28: Morgan Stanley"},"content":{"rendered":"<p>Mumbai: Global brokerage Morgan Stanley has re-rated Reliance Industries Ltd (RIL), citing the onset of what it calls the company&#8217;s &#8220;fourth monetisation cycle&#8221; and a decisive inflection in cash flows across all major business verticals. <\/p>\n<p>In its report titled &#8220;Monetisation 4.0&#8221;, Morgan Stanley noted that, &#8220;Since Covid, RIL has invested &gt;$80bn &#8211; all of it should start to bear fruit from 2026.&#8221; The brokerage highlighted that for the first time, RIL&#8217;s energy, consumer and telecom businesses are expected to turn free-cash-flow (FCF) positive simultaneously, which it believes is a structural trigger for a valuation re-rating.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: Global brokerage Morgan Stanley has re-rated Reliance Industries Ltd (RIL), citing the onset of what it calls the company&#8217;s &#8220;fourth monetisation cycle&#8221; and a decisive inflection in cash flows across all major business verticals. In its report titled &#8220;Monetisation 4.0&#8221;, Morgan Stanley noted that, &#8220;Since Covid, RIL has invested &gt;$80bn &#8211; all of it should start to bear fruit from 2026.&#8221; The brokerage highlighted that for the first time, RIL&#8217;s energy, consumer and telecom businesses are expected to turn free-cash-flow (FCF) positive simultaneously, which it believes is a structural trigger for a valuation re-rating.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,60,10],"tags":[],"class_list":["post-980689","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/980689","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=980689"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/980689\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=980689"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=980689"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=980689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}