Jio Reduces Spectrum Liabilities as IPO Preparations Gain Momentum
Reliance Jio Infocomm, India’s largest telecommunications provider, has reported a 4% reduction in its spectrum-related liabilities for the upcoming 2026 fiscal year, bringing the total outstanding figure to ₹1.04 trillion. This strategic deleveraging, disclosed in recent financial filings, arrives as the company intensifies preparations for a highly anticipated initial public offering (IPO) expected to reshape…