Reliance Jio ramps up AirFiber for faster 5G monetisation before 2025 IPO

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Reliance Jio ramps up AirFiber for faster 5G monetisation before 2025 IPO - Business Standard

Quick Summary:

Jio aims to onboard one million AirFiber customers within 30 days, leveraging increased data consumption and subscriber growth to fuel excitement around its IPO.

This makes AirFiber a critical driver of 5G monetisation, which has faced delays despite Jio’s $25 billion investment in 5G spectrum and infrastructure.

This strategy is aimed at driving 5G monetisation as the company prepares for a potential initial public offering (IPO) by the end of 2025, according to a report by The Economic Times.