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Jio Platforms Debuts at $137.16bn, Overtakes Deutsche Telekom by $1.5bn | AirNews.in

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Jio Platforms IPO Raises ₹4.4 Trillion, Strong Institutional Demand Infosys Shares Fall 5.3% as Q2 Revenue Guidance Cut to 1‑2%KPR Mill Q2 Net Profit Soars 58% to ₹345 Cr, Shares Dip 0.4%City Union Bank Q2 Net Profit Holds at ₹416 Crore, Stock Soars 10%Info Edge Q2 Revenue Climbs 12.9%, Shares Up 3% to ₹1,253 KPIT Technologies Q2 EBIT Surges 4.2% to ₹197 Cr, Margin Expands to 11.65%Jio Platforms IPO Debuts, Shares Surge 21.36%, Market Value Reaches ₹12.57 Trillion Vedanta Q2 Net Profit Soars 17% to ₹6,202 Cr Apax Partners Delivers $10B Value to Indian Investors Over 20 Years Craftsman Automation Q2 Net Profit Rises 68.6%, Revenue Hits ₹2,945 Crore Jio Platforms IPO Raises ₹4.4 Trillion, Strong Institutional Demand Infosys Shares Fall 5.3% as Q2 Revenue Guidance Cut to 1‑2%KPR Mill Q2 Net Profit Soars 58% to ₹345 Cr, Shares Dip 0.4%City Union Bank Q2 Net Profit Holds at ₹416 Crore, Stock Soars 10%Info Edge Q2 Revenue Climbs 12.9%, Shares Up 3% to ₹1,253 KPIT Technologies Q2 EBIT Surges 4.2% to ₹197 Cr, Margin Expands to 11.65%Jio Platforms IPO Debuts, Shares Surge 21.36%, Market Value Reaches ₹12.57 Trillion Vedanta Q2 Net Profit Soars 17% to ₹6,202 Cr Apax Partners Delivers $10B Value to Indian Investors Over 20 Years Craftsman Automation Q2 Net Profit Rises 68.6%, Revenue Hits ₹2,945 Crore

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Jio Platforms Debuts at $137.16bn, Overtakes Deutsche Telekom by $1.5bn

about 2 hours ago

Published: October 28, 2026

Jio Platforms Debuts at $137.16bn, Overtakes Deutsche Telekom by $1.5bn

Jio Platforms surged to a market cap of $137.16bn on its Nasdaq debut, eclipsing Deutsche Telekom by $1.53bn and Airtel by $9.43bn. The listing propels Jio into the global top five and sets a new benchmark for Indian telecom valuations.

Jio Platforms erupted onto the market with a $137.16bn valuation on its first trading day, vaulting it into the top five telecom operators worldwide.

The collective value of the three US carriers—Verizon, T‑Mobile, and AT&T—totals $480.65bn, dwarfing Jio's worth, while the Chinese giants hold $308.22bn.

By surpassing Deutsche Telekom’s $135.63bn and Airtel’s $127.73bn, Jio widens the gap between Indian and European operators, adding $1.53bn and $9.43bn, respectively, to its lead.

The leap from KDDI’s $71.06bn to Jio’s $137.16bn highlights the rapid ascent of the Indian telecom behemoth and its growing influence on global market rankings.

Investors will now weigh Jio’s valuation against its revenue growth and market share gains, anticipating the company’s next disclosures to clarify its future strategy.