Billionaire Ambani intends to launch 'Gio' for public subscription in June 2026

Billionaire Mokish Ambani prepares him to start the largest wireless telecommunications business in India for public subscription against the first half of 2026, in a step through which the group “Reliance Industries” wants to improve the value of its shares and give the opportunity to go for investors. Ambani unveiled the plan during his annual speech before the group’s shareholders whose activities of energy expanded to retail trade, suggesting that in 2019, it indicated the possibility that the company would be ‘Reliance Jio Infocomm’ within a five -year period. “(Geo) is currently preparing all the necessary arrangements to submit a public subscription application,” he said, without specifying the size of the share offered, adding: “I am confident that it will be a very attractive investment opportunity for all investors.” The shares of the Jew offered the first general subscription to a large unit of “Rellaine” since the inclusion of “Reliace Petroleum” in 2006. The Technology Giant Meta Platforms and Google of “Alphabet” was one of the most prominent world investors more than $ 20 billion in the communication project of the re -establishment of the recreation of the emerging ambanic station. pumped for subscription a few days after the proposal of the Employment Authority for Financial Markets in India, which reduces the minimum shares in large subscriptions to 2.5% instead of 5%, in an organizational amendment that would facilitate the inclusion of companies such as “Gio”. According to a previous report by: Bloomberg, “Ryleins” intends to offer only about 5% of the shares of the “Geo” unit in an underwriting that can raise more than $ 6 billion. “The evaluation will be the decisive factor, especially since the company is looking for Market (Gio) as a technology company and not just a traditional provider of telecommunications services.” The ‘Geo’ chapter as an independent unit on the direct offer of the subscription. Jio platforms on an agreement with “SpaceX” to provide internet services via the “Starlink” satellite in India. Also read: The richest man in Asia contributes to the return of Great Donald Trump is a 50% criminal duties on Indian exports, in response to New -Delhi purchases. As countries work together, trade flows free, investment thrives and everyone earns. By earning the war, it is a time when one of the businesses in India is the largest buyer of the Russian oil. “Google” to provide artificial intelligence technologies for developers and startups, and the establishment of a new unit called “Relance Intelligence” reveals to be the advanced infrastructure platform for artificial intelligence and data centers in India. Through artificial intelligence technologies, begin with energy and retail to communication and financial services.