Nomura believes Jio's focus is shifting from subscriber additions to generating more revenue from each customer. Three tariff hikes since 2019 have nearly doubled its mobile broadband average revenue per user (ARPU) to Rs 200 in FY26.
Nomura believes Jio's focus is shifting from subscriber additions to generating more revenue from each customer. Three tariff hikes since 2019 have nearly doubled its mobile broadband average revenue per user (ARPU) to Rs 200 in FY26.
<iframe src="https://hindustansphere.com/embed/cluster/fe04e16f738574b12192bf98c7bb870af01b27cb" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Jio Platforms: Nomura Initiates With 'Buy', Sees 20% Upside; Why Cash Flow Could Be The Next Big Trigger"></iframe>
