At the 46th Annual General Meeting of Reliance Industries, RIL Chairman Mukesh Ambani announced that Reliance Jio AirFiber would be introduced on Ganesh Chaturthi, September 19. According to Ambani, Jio’s 5G services are “on track” to have a nationwide ultra-high-speed network by December 2023.
Jio already has more than 450 million subscribers. 96% of municipalities are covered by its 5G network, and the company is on schedule to have the entire nation covered by December.
Jio’s total customer base has already surpassed the landmark of 450 million users, showing a year-over-year revenue growth of over 20 percent, he said.
Jio’s network has seen a sharp increase in per-user data consumption, with the average customer now using more than 25 GB per month.
Jio was established seven years ago with the goal of making India a premier digital society, according to Ambani, who also said, “We have invested our heart and soul into building a Digital Public infrastructure, which the entire world has begun to admire.” He claimed that Jio was primarily responsible for New India’s stunning digital development.
“Now, as I’ll explain, our goals are far greater and extend beyond the borders of India. First, let’s talk about Jio True 5G, our ground-breaking 5G internet service. Our 5G rollout started last October. In just nine months, Jio 5G has reached more than 96% of the census towns in our nation, according to Ambani.
By December of this year, Jio should have the entire country covered.
According to Ambani, Jio is already in the lead for 5G adoption in India, with more than 50 million 5G subscribers.
And we are the only business capable of seamlessly converting all of our 4G customers to 5G with little additional capital outlay. Post-paid clients with high ARPU are increasingly choosing Jio as their preferred network, which is in line with the rapid acceptance of Jio 5G, Ambani said.