Reliance may list Jio at $112 billion valuation next year, Jefferies says
Reliance Industries might spin off its telecom arm Jio for a public listing by 2025, according to Jefferies.
MAIN POINTS
- Reliance Industries may spin off Jio for a public listing.
- The potential public listing could happen as early as 2025.
- Investors favor this route over an initial public offering.
TAKEAWAYS
- Jio's recent focus has been on monetization and market share gains.
- A public listing could enhance Jio's market position.
- Jefferies' research note highlights investor preference for a spin-off.