Reliance Industries’ telecom and digital arm, Jio, aims to expand far beyond mobile internet services. On October 15, Akash Ambani, Managing Director of Jio Platforms, shared the company’s future plans to provide broadband connectivity to homes, offer digital services to businesses, and promote its technology internationally. The initiative aligns with India’s national drives: Digital India, Make in India, and Vision 2047.
Expanding Broadband Reach
Akash Ambani emphasized the importance of home broadband in Jio’s growth strategy. Currently, Jio serves approximately 4 crore homes with broadband, but the company plans to increase this to 10 crore homes. To achieve this expansion, Jio intends to improve its reach across 19,000 postal zones throughout the country.
The company is enhancing its broadband offerings by integrating TV and digital app services, creating a comprehensive digital platform. Jio boasts its own UBR technology capable of delivering speeds up to 1 Gbps, with a next-generation version targeting 5 Gbps download speeds, aiming to significantly boost internet quality and accessibility.
Mobile and 5G Driving Growth
As of June 30, 2026, Jio reported over 533 million subscribers, of which 285 million use its 5G services. Jio’s network handles more than 60% of India’s wireless data traffic. The average monthly data usage per Jio customer has risen to 43.7 GB. Akash Ambani highlighted that since Jio’s inception, India’s average internet download speed jumped from 2.5 Mbps to around 68 Mbps. Jio’s average 5G download speed of 198.9 Mbps is roughly double that of competitors over the last three years.
Over the next five years, Jio aims to attract new mobile subscribers and transition 2G users to 4G and 5G networks. The company prides itself on maintaining some of the lowest data costs worldwide, reducing the price per GB from ₹228 to ₹7.5 in fiscal year 2026.
Focus on Digital Services for Enterprises
Jio is also targeting the enterprise sector by offering digital services across industries like banking, insurance, and hospitality. Akash Ambani estimates India’s enterprise digital services market at approximately $56 billion (₹5.1 lakh crore). Currently, Jio serves around 65% of bank branches with secure internet and digital solutions and plans to expand this share.
Additionally, Jio is preparing to monetize its technology globally by licensing software and network capabilities to telecom companies outside India, thereby establishing an international presence.
Investment in AI and Proprietary Technology
Rejecting reliance on external technologies, Jio has filed 7,220 patent applications across India and abroad, with over 12,000 engineers dedicated to technology development. The company is focused on developing its own network, equipment, and digital services. It is also preparing AI-based voice services in 12 Indian languages, featuring call transcription, conversation summaries, and task lists for users, which will be provided free of additional charges.
Jio Platforms is set to launch its Initial Public Offering (IPO) on October 21, closing on October 23. The IPO price band is ₹1,065 to ₹1,119 per share, potentially raising up to ₹30,213 crore by issuing 27 crore new shares. Existing investors’ stakes will remain unaffected, with Reliance Industries holding 66.43% of Jio Platforms.
Akash Ambani stated that Jio’s next phase will focus on expanding mobile networks, home broadband access, enterprise digital services, and international technology business. The company’s ambition is to broaden digital service access nationwide while also pushing its technology into global markets.
