What Akash Ambani said on Jio tariff hikes ahead of record IPO launch
Akash Ambani said Jio can raise mobile tariffs but prefers growing revenue through digital services, broadband and enterprise solutions. Ahead of its Rs 30,213 crore IPO, Jio aims to expand margins and connect 100 million homes.
Ahead of Reliance Jio's record IPO, Chairman Akash Ambani stated that the company has room to hike mobile tariffs but prefers to boost revenue by adding more digital services for customers. Speaking at a media event, Ambani highlighted the telecom giant's ability to increase revenue beyond just charging more for mobile data. While acknowledging expectations of further tariff hikes in India's telecom market, Ambani emphasized the importance of offering additional services to enhance customer satisfaction and profitability.
Jio currently serves over 530 million subscribers and aims to maintain affordable connectivity while exploring revenue streams from home broadband, enterprise solutions, and digital services.
Written by urgent.news from The Economic Times - Top News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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