Mukesh Amabani’s Reliance Jio Becomes World’s Largest Mobile Operator In Data Traffic, Surpasses China Mobile
Ambani also emphasized Jio’s role in driving the digital transformation in India, from upgrading 2G users to smartphones to leading the effort in producing AI-driven solutions.
Reliance Jio, the telecom giant of India, has become the world’s largest mobile operator in terms of data traffic, surpassing China Mobile. It was revealed after Jio released its quarterly results, with staggering numbers and milestones achieved in various segments.
As of March 2024, Jio has a subscriber base of 481.8 million, out of which 108 million subscribers are on Jio’s True5G Standalone network. According to a press release, the total traffic on the Jio network has reached 40.9 Exabytes, marking a 35.2 per cent year-on-year increase.
Why Is Jio’s Data Traffic Surging?
28 percent of the traffic comes from 5G subscribers. This surge is attributed to the growing adoption of 5G and Home services.
Additionally, Jio’s Fixed Wireless Access (FWA) services have contributed significantly to the data traffic. After the COVID-19 pandemic, an increase in annual data traffic by 2.4x is seen, and per capita monthly data usage also reached up to 28.7 GB from just 13.3 GB three years ago.
Mukesh Ambani On Jio’s Performance
Mukesh D Ambani, Chairman and Managing Director of Reliance Industries Limited, expressed his satisfaction with the company’s performance and its contribution to the Indian economy.
He highlighted the significant achievements, including becoming the first Indian company to cross the Rs 100,000-crore threshold in pre-tax profits.
Ambani said, “Initiatives across RIL’s businesses have made a remarkable contribution towards fostering growth of various sectors of the Indian economy. It is heartening to note that alongside strengthening the national economy, all segments have posted a robust financial and operating performance. This has helped the Company achieve multiple milestones. I am happy to share that this year, Reliance became the first Indian company to cross the Rs 100,000-crore threshold in pre-tax profits.”
Ambani also emphasized Jio’s role in driving the digital transformation in India, from upgrading 2G users to smartphones to leading the effort in producing AI-driven solutions.
Jio Leads 5G Transformation
Mukesh Ambani highlighted how Jio leads 5G customers in India and said, “With over 108 million True 5G customers, Jio truly leads the 5G transformation in India. From upgrading the hitherto 2G users to smartphones, to leading the effort of producing AI-driven solutions, Jio has proved its capability in strengthening the nation’s digital infrastructure.”
He reiterated Jio’s commitment to strengthening the nation’s digital infrastructure and its continued efforts to provide innovative solutions to consumers.
The company’s retail arm, Reliance Retail, also showed robust growth, with a 36 per cent increase in footfalls and strong digital commerce platforms offering a broad brand catalogue.
