From free data to a ₹10 lakh crore IPO: How Jio rewrote India's telecom playbook

Reliance Jio transformed India's telecom industry by making mobile data affordable, triggering a price war and forcing rivals to rethink their business models. A decade after its launch, the company is preparing for a landmark initial public offering (IPO), targeting a valuation of ₹10.3 lakh crore as it expands into 5G, broadband, artificial intelligence (AI) and satellite connectivity.Jio has filed its red herring prospectus, with the IPO scheduled to open on October 21 and close on October 23. The offering…