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Jio Platforms breaks into global top 5 telcos after listing

Summary by Times of India
Jio Platforms made its public listing in India, achieving a market cap of $137.3 billion. This valuation positions it as the fifth-largest telecom company worldwide, surpassing Deutsche Telekom. Global competitors like China Mobile and Verizon continue to lead in market capitalization. Jio's valuation reflects its advanced 4G and 5G networks, which differ from legacy infrastructures of global giants.

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Jio has become one of the world's most valuable telecom companies. Globally, Jio ranks sixth with a market cap of $131 billion, and it ranks second in Asia.

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Times of India broke the news in India on Thursday, October 29, 2026.
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