Image Credit Source: Signcast Photo
After the announcement of the IPO, another good news has come out for Jio. In fact, Jio has proved to be number one in the month of July in the matter of adding mobile subscribers. It is considered a big win against Airtel. Subscribers of both Airtel and Jio have seen an increase of more than 4.50 lakhs. But in Jio’s subscribers, there has been a higher increase of about 18 thousand subscribers in Airtel. On the other hand, Vodafone Idea and government telecom company BSNL have suffered a lot in the case of subscribers. Let us also tell you what kind of figures have been revealed by TRAI.
Jio did wonders, increased customers
In July, Reliance Jio overtook Bharti Airtel for increasing the number of mobile customers, while Vodafone Idea and government company BSNL lost more customers. According to data released on Friday by the Telecom Regulatory Authority of India (TRAI), the country’s largest telecom company Jio added 4,82,954 customers, followed by the second largest telecom company Airtel Airtel added 4,64,437 customers. However, Vodafone Idea lost 3,59,199 customers, after which BSNL lost 1,00,707 customers. Another government company MTNL also lost 2,472 customers this month. MTNL provides services in Delhi and Mumbai and its network is maintained and operated by BSNL.
The number of customers of Jio has become so much
In late July, the number of wireless customers of Jio was 477.50 million, followed by Airtel’s 391.47 million, Vodafone Idea 203.85 million and BSNL’s 90.36 million customers. Talking about broadband (wired and wireless) customers, Airtel added the most 2.75 million customers, after that Jio added 1.41 million customers. Vodafone Idea also added about 0.18 million customers, while BSNL added 0.59 million customers. At the end of July, the number of broadband customers of Jio was 498.47 million, followed by Airtel’s 307.07 million, Vodafone Idea 127.58 million and BSNL had 34.27 million customers.
IPO will come in the first half of 2026
On Friday, Mukesh Ambani gave information in the AGM of Reliance Industries that Jio’s IPO will come in the first half of 2026. Whose preparations have started. According to experts, the size of this high profile issue can be doubled in the match of Hyundai IPO last year. If we look at the statistics, the size of this IPO can be about 52 thousand crore rupees. This means that this IPO can be the biggest issue of the country’s history. After the company’s listing, the company’s valuation can be around 10 to 11 lakh crore rupees. This means that according to the valuation, the company will also be the largest telecom company in the country. After the live list, in recent years, there will be another company that will join the top 10 companies in the country.