Jio steps up 5G monetisation plans ahead of possible listing

Reliance Jio is scaling up its 5G-based fixed wireless access business, Jio AirFiber. Jio aims to add 1 million AirFiber customers within 30 days. The higher ARPU from 5G-based services is expected to accelerate 5G monetisation and attract investors for a potential IPO by late 2025. Jio Platforms is valued at $98 billion.