BusinessPhoto: News18 BusinessJio Platforms Becomes 6th Most Valuable Global Telecom Company
Jio Platforms, backed by Reliance Industries, became the world's sixth-most valuable listed telecom company and Asia's second-largest after China Mobile, with a market valuation of about $131 billion. It surpassed Bharti Airtel globally following its October 28 IPO, which was India's largest-ever at Rs 30,213 crore and subscribed 22.19 times. China Mobile leads with $221 billion valuation.
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