Business Standard

Wednesday, December 25, 2024 | 07:32 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Valuation of Jio's digital business expected to improve, say analysts

This is a sequel to Friday's announcement from RIL on a structure to make Jio debt-free. This is seen as a move towards a likely listing of the latter's shares

Reliance Jio
Premium

RIL says it intends to transfer the telecom business and other digital initiatives to a wholly-owned subsidiary, while Jio’s debt will move to RIL.

Romita Majumdar Mumbai
Analysts see an upgrade on the way to the estimated valuation of the digital business of Reliance Industries (RIL). So far, it has been valued only on the telecom arm, Jio.

This is a sequel to Friday's announcement from RIL on a structure to make Jio debt-free. This is seen as a move towards a likely listing of the latter's shares. 

“In most valuations used by the Street, including ours, Jio is valued mainly as a telecom service provider. No value is ascribed for Jio’s suite of apps, digital investments and capabilities like AI, IoT, etc. This exercise aims to

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in