Jio Platforms is launching aggressive broadband, mobile and smartphone offers while preparing a blockbuster IPO that could push its valuation to $190 billion by 2028, over the next few years. The dual strategy aims to lock in more than 450 million subscribers, boost ARPU, and fund rapid 5G expansion across India in the Indian market.
New Consumer Packages Drive Subscriber Growth
Jio Fiber broadband plans
Jio has introduced tiered fiber broadband options ranging from 100 Mbps entry‑level connections to 1 Gbps premium bundles with unlimited data for up to a year. Promotional incentives include reduced installation fees and bundled OTT services to attract price‑sensitive households and businesses.
Prepaid mobile recharge offers
Recent prepaid recharge packs combine talk time, high‑data allowances, and combo benefits such as data rollover and night‑time data boosts. These features target heavy data users who have upgraded to 5G‑enabled smartphones.
Jio‑branded smartphones promotions
Limited‑time deals on Jio‑branded handsets pair device discounts with extended warranties and service‑plan vouchers, encouraging ecosystem lock‑in for new and existing customers.
IPO Outlook and Valuation Drivers
Jio Platforms is preparing an IPO with leading investment banks as joint lead managers, signaling confidence in attracting global institutional investors. Analysts project a valuation range of $133 billion to $182 billion at listing, with potential growth to $190 billion by 2028.
- Accelerating free cash flow: Scale in fiber and 5G deployments reduces per‑user costs and improves operating margins.
- 5G monetisation: Live 5G services in major metros open revenue streams from enterprise solutions, edge computing, and premium consumer data plans.
- Subscriber growth: Aggressive pricing and bundled offers continue to add users, sustaining top‑line expansion.
Impact on India’s Telecom Landscape
A successful IPO would rank among the largest in Indian market history, providing capital for further 5G rollout, fiber densification, and development of cloud, AI, and fintech platforms. Competitors such as Bharti Airtel and Vodafone Idea may need to enhance their own bundling strategies to keep pace.
Conclusion
Jio’s simultaneous consumer‑price offensive and high‑profile IPO preparation create a two‑pronged playbook: secure users now while unlocking capital for future technology investments. The upcoming broadband and mobile plans aim to cement Jio’s dominance, and the anticipated IPO could propel the company toward a $190 billion valuation, reshaping India’s telecom sector for the decade ahead.
