Reliance Jio, India’s #1 mobile operator, has reported gross revenue of Rs 23,222 crore (+15.2 percent), EBITDA of Rs 9,294 crore (+16.6 percent) with EBITDA margin of 47 percent and net profit of Rs 3,728 crore (+23.5 percent) during the July-September 2021 quarter.
Reliance Jio achieved ARPU of Rs 143.6 per subscriber per month, registering 3.7 percent growth over the previous quarter.
Reliance Jio added 23.8 million mobile phone customers to its 4G network during the recent quarter. The total number of mobile phone customers reached 429.5 million as on 30th September 2021. Jio is well ahead of rivals Bharti Airtel and Vodafone Idea in terms of the number of mobile phone customers.
During 2Q FY22, average data and voice consumption per user per month increased to 17.6 GB and 840 minutes, respectively, with significantly higher customer engagement on the network.
Jio has maintained its top position in the 4G speed chart with 20.9 Mbps average download speed in September 2021, according to data published by Telecom Regulatory Authority of India (TRAI).
In the recent OpenSignal awards, Jio has won the award for best video experience, and continued to hold top positions in 4G coverage and availability.
Jio and Google are working together to make JioPhone Next available more widely in time for the Diwali festive season.
Reliance Jio has overtaken Bharti Airtel as the second largest fixed broadband operator in India in August, says TRAI data.
JioFiber has over 4 million connected premises with continued improvement in customer connects every month. Jio’s optical-fiber network is now physically present outside 16 million premises, which will help address the strong demand for good quality fixed broadband services.
Jio 5G field trials have started with competitive position and capabilities comparable to global Tier1 vendors. Jio 5G is a comprehensive homegrown 5G stack for both Radio (5G NR) and Core Network (5G CN) compliant to latest standards.
Jio is trialling 5G use cases and exploring partnerships with global system integrators and SaaS providers to deliver 5G services. Jio 5G solutions have achieved single user peak throughput of 1.5 Gbps in field trials.