# Jio Platforms breaks into global top 5 telcos after listing — retained record

> Retained news record from news:india-et-markets.

Canonical: https://highsignal.app/data/records/b26ccb4be0e1d5a7

[← sources](https://highsignal.app/data)


source: [news](https://highsignal.app/data/news) (news:india-et-markets)  published 2026-10-29 01:50 ingested 2026-10-29 03:04

[original source ↗](https://economictimes.indiatimes.com/markets/stocks/news/jio-among-worlds-top-five-telcos-with-a-digital-edge/articleshow/135285980.cms)

## retained text



```
Listen to this article in summarized format
Despite the smaller scale when compared with global telecom operators, Jio Platforms commands a significant valuation premium, reflecting differential offerings aided by a pure-play 4G and 5G networks and proprietary digital platforms. On the other hand, global giants are largely mature utility providers with legacy 2G and 3G infrastructure. Considering Wednesday's market cap and FY26 net profit, Jio Platforms' price-earnings multiple works out to be 43.5. For top global telcos, the P/E multiple ranged between eight and fourteen. Bharti Airtel, the closest Indian peer of Jio Platforms trades at a P/E of 45.6.
Read more: Ambani bluechip bet gets bigger: Investors mark 82% of traded Jio shares for holding beyond listing
Incorporated in 2019, Jio Platforms offers digital connectivity and services pan India.
(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)
Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)
Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
```



document fetched 2026-10-29 03:04