Jio AGM 2024: Jio Aims to Connect 1 Million Homes Every Month with 5G FWA

Jio Aims to Connect 1 Million Homes Every Month with 5G FWA, Says Ambani

Reliance Jio is setting an ambitious goal to connect a million homes every 30 days with its 5G fixed wireless access (FWA) service, JioAirFiber, according to Chairman Mukesh Ambani. “We are challenging ourselves to reach a million homes every month. With this momentum, we are confident in achieving our goal of 100 million home broadband customers at an unprecedented pace,” Ambani announced during the company’s 47th annual general meeting. In addition to home broadband, Jio is also focusing on small and medium businesses, with plans to connect over 20 million of them. The company also sees potential in digitally connecting India’s 1.5 million schools and colleges, more than 70,000 hospitals, and 1.2 million doctors through high-speed internet. 

Both Jio and its competitor Bharti Airtel are offering 5G-driven fixed broadband services to consumers and businesses. Industry experts believe 5G FWA is set to be one of the top revenue drivers in the 5G era due to the country’s limited fiber broadband penetration. Ambani shared that Jio had gained its first million AirFiber customers in just over six months, a milestone he described as “remarkable and the fastest of its kind globally.” The next million customers were added in just 100 days. “We are refining our operations and see even more potential to accelerate,” he added. 

Leave a Reply

Your email address will not be published. Required fields are marked *

Jio and Vodafone Idea Subscribers Declined, BSNL Gains- October Report
Telecom Industry

Jio and Vodafone Idea Subscribers Declined, BSNL Gains- October Report

Reliance Jio Infocomm Ltd. has experienced a significant subscriber churn, with 1.65 crore users leaving the platform over the past four months, including a loss of 37.6 lakh mobile subscribers in October alone. Similarly, Vodafone Idea (Vi) saw a decline of 19.3 lakh subscribers in October, compared to 15.5 lakh in September, according to the […]

Read More
Over 2.14 lakh Gram Panchayats Connected with Broadband, Centre Says
Broadband Informative

Over 2.14 lakh Gram Panchayats Connected with Broadband, Centre Says

BharatNet, the world’s largest rural broadband connectivity program, has successfully connected over 2.14 lakh gram panchayats using optical fiber, radio, and satellite technologies, the government announced on 21 Dec. Launched in October 2011, this ambitious initiative aims to provide affordable high-speed internet access to every gram panchayat across the country.   The Ministry of Communications […]

Read More
DoT Plans Framework for Undersea Cable Repair and Maintenance in India
Broadband

DoT Plans Framework for Undersea Cable Repair and Maintenance in India

The Department of Telecommunications (DoT) is working on a framework to establish a robust system for repairing and maintaining undersea cables in India. The initial setup cost is estimated at ₹2,500–₹3,000 crore, excluding additional expenses for labor, training, and maintaining cable inventory. Each repair operation costs approximately ₹20 crore, with an average of 4–5 repairs […]

Read More