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Reliance Industries considering IPO of telecoms unit Jio, says report

Updated : June 25, 2018 02:05 PM IST

RIL will make the move once its consumer business becomes bigger revenue-wise in comparison with its energy business.
The development comes after Jio brought drastic changes to country’s telecom sector leading to a disruption and price war in the sector.
With Jio having close to 20 crore customers, the listing will lead to further consolidation of the sector.
Reliance Industries considering IPO of telecoms unit Jio, says report

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