The disruptive Indian telecom operator Reliance Jio subscriber base now reached 108.9 million as on 31st March 2017, as per the Q4 (FY 2016-17) Financial and Operational Performance report of Reliance Industries Limited. Out of this 108 million subscribers, already 72 million are paying customers. Thank’s to the long-lived Jio Summer Surprise and currently running Jio Dhan Dhana Dhan offer.

Reliance Jio is planning to roll-out its Fibre to the Home (FTTH) service to more locations. The operator has already started beta trails packed with free offers in some of this locations.

Reliance Jio got over 72 million paying customers, expands its Fibre to the Home service

Highlights from the financial report

  • Reliance Jio crossed 50 million subscribers in 83 days, 100 million in 170 days, and now stands at 108.9 million subscribers, as on 31st March 2017. That’s adding subscribers at an average rate of 6 lakh per day.
  • Over 72 million Jio customers have joined the Jio Prime membership. That’s 72 million paying customers for Jio within a few months.
  • Jio subscribers are using more than 110 crore GB of data traffic per month and 220 crore voice and video minutes a day. That’s nearly as much data as on all the mobile networks in the USA and 50 percent more data than mobile networks in China.
  • Reliance Jio got an average download speed at 15.0 Mbps in March 2017 as per TRAI MySpeed Portal.
  • Jio has the world’s largest greenfield 4G LTE wireless broadband network with over 100,000 mobile towers across India. Reliance Jio plans to add more than 100,000 towers to the network in the coming months. The operator has already deployed its LTE network across the 800MHz, 1800MHz and 2300MHz bands.
  • Around 2.6 million LYF smartphones and JioFi hotspot devices sold by Reliance Retail.

Reliance Jio is still complaining about the interconnection issue with incumbent operators. “There has been a noteworthy improvement in local access in recent weeks. While NLD interconnection remains an issue in some service areas, Jio is committed to solving this at the earliest and hopes for co-operation from the other operators“.

Talking about money, Reliance Jio continued to report heavy losses in the last quarter of the financial year. The loss continues to mount up and now stands at Rs 22.50 crore, up from Rs 7.46 crore in the previous financial year. Total income dropped to Rs 1.22 crore from Rs 3.15 crore. Counting revenue, it fell to Rs 0.54 crore when compared to Rs 2.25 crore in the same period last year. The total worth of the company stood at Rs 70,864 crore for six months period ending March 2017.

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