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Reliance Jio
Latest moves
Our read of each move first, where we have one; what the report said is marked Reported.
- Reported: Akash Ambani says Jio will always be the most affordable player while keeping service quality high, after Bharti Airtel raised postpaid tariffs 3-11% from 8 October.Reported: Watch:
- Reported: Jio to move beyond per-GB pricing as Akash Ambani sees room for more tariff hikes ahead of Jio Platforms IPOReported: Watch:
Background
From 11 stories, the newest dated 9 Oct 2026. Summary written 10 Oct 2026. Newer developments are under Latest moves.
Reliance Jio is an Indian telecom operator.
Show 3 more paragraphs and 11 sources
Akash Ambani said on 8 October 2026 that Jio covers 99 per cent of Indian homes.[1] source: The Hindu BusinessLine The government says Jio is one of three licence holders for satellite communication services in India.[2] source: Financial Express Its JioGames cloud gaming platform works across mobile and broadband operators.[3] source: ET BrandEquity
Jio's main move in October 2026 is the IPO of Jio Platforms. Mint reported a price band of ₹1,065-₹1,119.[4] source: Mint Business Today reported an IPO of Rs 31,000-32,000 crore that opens 21 October.[5] source: Business Today Times Now, citing sources, reported a $3.8 billion issue of up to 27 crore fresh shares at a $143-146 billion enterprise valuation, with FY26 revenue of Rs 1,46,885 crore and profit after tax of Rs 30,053 crore.[6] source: Times Now Business Jio's April-June ARPU rose 0.75% sequentially and its subscribers grew 1.7%.[7] source: Financial Express Elara Securities forecasts Jio ARPU of ₹218 in Q2FY27 and 7.2 million mobile subscriber additions in the September quarter.[8] source: Fortune India In October 2026 JioGames brought Cricket 26 to India on Pro Pass plans starting at INR 48.[3] source: ET BrandEquity
Akash Ambani said Jio will always remain the most affordable player after Bharti Airtel raised postpaid tariffs by Rs 50 from October 8, 2026.[9] source: ET Small Business He also said Jio is making "rapid progress" on an indigenous satellite broadband stack, with no launch date given.[10] source: Business Today
Sources
- Starlink still awaits final India clearance after five years, Musk says; government says Jio is at the same stage
- Reliance Jio IPO price band reportedly fixed at ₹1,065-₹1,119
- Jio Platforms may list by end-October at $143-146 billion valuation in $3.8 billion IPO
- Telecom Q2 preview: Elara expects Jio to add 7.2 mn and Airtel 4.1 mn mobile subscribers in September quarter
Questions about Reliance Jio
Who leads Reliance Jio?
Akash Ambani speaks for Reliance Jio. Business Today called him Jio's chairman and also described him as its Non-Executive Director, in October 2026 reports from India Mobile Congress 2026.[11] source: Business Today[10] source: Business Today
What is Reliance Jio's current strategy in India?
In October 2026 Jio had a reported IPO price band of ₹1,065-₹1,119.[4] source: Mint Akash Ambani said Jio will remain the most affordable player after Airtel's Rs 50 postpaid hike.[9] source: ET Small Business He also said Jio is making "rapid progress" on indigenous satellite broadband.[10] source: Business Today JioGames launched Cricket 26 on Pro Pass.[3] source: ET BrandEquity
Who are Reliance Jio's main competitors?
Reliance Jio competes with Bharti Airtel. Financial Express reported in October 2026 that Airtel's April-June ARPU rose 2.75% sequentially against 0.75% for Jio, and that Airtel raised postpaid rentals by Rs 50 from 8 October.[7] source: Financial Express
More stories about Reliance Jio
Stories that mention Reliance Jio
8 stories
Reliance Jio is named in these stories but is not their subject.
- Jio Platforms IPO reportedly opens Oct 21, targeting Rs 37,000-38,000 crore in what would be India's biggest listing
- Jio Platforms targets 100 million broadband homes from a 40 million footprint, eyes global tech market
- Jio Platforms IPO likely by October end at $143-146 billion enterprise valuation
- Musk vows affordable Starlink pricing in India days before Jio Platforms' record $106 billion IPO
- TRAI mandates top placement for budget packs on telco recharge screens
- Vi bundles free international roaming across eligible plans in premium subscriber push
- TRAI to examine Airtel and Jio complaints over Vodafone Idea’s MNP-linked tariff benefits
- SBI-led lenders line up $3.5bn debt package for Vodafone Idea