Reliance Jio, India’s leading telecommunications company, saw its subscriber base increase by 42.4 million, reaching 481.8 million in the financial year 2023-24 (FY24), according to the company’s annual report. Of the total user base, over 108 million subscribers have migrated to the 5G network, branded as Jio’s True5G. The report highlighted that Jio now commands an 85 percent share of the country’s 5G capacity.
Jio accounts for 60 percent of India’s data traffic. “The pan-India rollout of the True5G network was completed during the year in world-record time,” the report stated. The Jio True5G network now handles nearly 30 percent of Jio’s mobility data traffic, with the entire 5G data carried on Jio’s 5G+4G combo core.
Also Read:
Jio, Airtel to Spend $2 Billion on 5G Gears
Reliance also noted that its JioAirFiber, a wireless broadband service providing high-speed internet connectivity, has been well-received, with 12 million subscribers across India. This service is available in 5,900 cities and towns, with plans for future pan-India coverage.
