Jio's ARPU growth slows ahead of IPO
after close1 source ↓written by the desknot a recommendation
- increased by just
- 0.7%
- ₹215.6
Jio's average revenue per user (ARPU) increased by just 0.7% to ₹215.6, indicating saturation in easy gains as it prepares for its mega IPO. The company is pivoting towards digital services like streaming and cloud to drive future growth. Meanwhile, India plans to introduce ethanol as a cheaper LPG alternative, benefiting sugar and ethanol companies. 📈
Not investment advice. For informational purposes only.