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From ₹228 a GB to ₹7.5: How Mukesh Ambani’s Jio rewired India’s internet and is now seeking a ₹10 lakh crore valuation
The Economic Times
October 20, 2026
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A decade ago, a gigabyte of mobile data cost ₹228. Today, the same gigabyte costs about ₹7.5. In that dramatic reset lies the story of Jio’s rise and the investment case behind billionaire Mukesh Ambani seeking ₹10 lakh crore valuation for Reliance’s telecom and digital play’s IPO.Jio did more than
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