Akash Ambani says Jio carries 60% of India's data traffic ahead of IPO, eyes major chunk of $1.4 tn digital economy
New Delhi, Oct. 15 -- Reliance Jio Infocomm Chairman Akash Ambani on Thursday said the telecom operator carries more than 60% of India's data traffic, while its data prices per GB are among the lowest in the world.
Speaking at a press conference ahead of Jio Platforms' initial public offering (IPO), Ambani said the company aimed to help establish India as a leading digital society.
He also said India's digital economy is expected to reach $1.4 trillion by FY31, adding that Jio Platforms expects to capture a significant share of the market.
The company released its red herring prospectus (RHP) on Wednesday.
More details awaited
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