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

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

about 1 hour 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.