Jio Platforms reported EBITDA of ₹76,000 crore, marking 17.8% three-year growth as the Reliance Group tech major prepares to enter markets with a record-breaking initial public offering (IPO).
\n\nAkash Ambani, managing director of Jio Platforms, highlighted the company's contribution to India's digital expansion and its ambition to make digital services accessible to every Indian.
\n\nSpeaking at a press conference ahead of the IPO, Akash Ambani said, “The basis of our EBITDA growth has been powering over 60% of India's digital growth. We have an EBITDA of ₹76,000 crore, with a three-year growth of 17.8%.”
\n\nHe also outlined the company's mission to expand access to digital connectivity and services across the country.
\n\n“The mission of Jio is simple: to connect every Indian home, every Indian citizen, and every Indian enterprise with the highest quantity and most affordable digital services,” he said.
\n\nAkash Ambani highlighted Jio's 5G rollout, which began three years ago, saying the company has since built the world's largest 5G customer base outside China.
\n\nHe also said Jio had achieved what he described as the fastest migration from 4G to 5G. The company's connectivity infrastructure is expected to remain central to its plans to expand its portfolio of digital…
Original source: https://www.cnbctv18.com/technology/
