Jio added 22 million 5G subscribers in its fiscal Q3 2025, which ended on December 31
Indian telco Reliance Jio Infocomm ended 2024 with 170 million 5G subscribers, in keeping with the quarterly report issued by Reliance Industries, Jio’s dad or mum firm.
The corporate famous that 5G accounted for 40% of its wi-fi visitors as of the tip of the yr.
Jio added 22 million 5G subscribers in its fiscal Q3 2025, which ended on December 31, 2024. The operator’s internet revenue for the quarter grew 26% year-on-year to INR 68.6 billion ($794.6 million), whereas consolidated income surged 19.2% to INR 387.5 billion.
In the meantime, Jio reported that its ARPU continued a three-year climb, rising 11.9% to INR 203.30. Its complete cell person base rose by 11.2 million, reaching 482.1 million on the finish of 2024.
Jio highlighted the superior options of its True5G community, together with Voice over New Radio (VoNR) certification for enhanced voice name high quality, slice-based and device-aware layer administration for optimized useful resource use, and bandwidth allocation designed to enhance vitality effectivity.
The telco additionally noticed progress in its broadband companies by way of JioAirFiber, significantly in smaller cities and cities. Over 70% of latest JioAirFiber connections have been established in areas outdoors the highest 1,000 cities, enhancing connectivity in historically underserved areas. The corporate’s complete variety of residence broadband connections reached roughly 17 million, reflecting regular progress in adoption.
Throughout fiscal Q3, Jio launched JioAICloud, a cloud platform providing as much as 100 GB of free storage for customers. Designed for each particular person and enterprise use, the platform leverages Jio’s AI infrastructure in India to supply a spread of companies geared toward enhancing entry to AI instruments and capabilities.
Akash Ambani, Chairman of Reliance Jio Infocomm, stated: “Jio has performed a key function in digital inclusion by bringing the world’s finest communication applied sciences for each Indian. Fast scale-up of 5G adoption and proliferating fastened broadband past Tier 1 cities over the previous yr additional strengthen the Digital India mission. Jio will proceed to steer the cost in know-how innovation by absolutely embracing the ability of AI to create a linked, clever future that’s actually transformative. This may drive sustained worth creation over the following a few years.”
The corporate has reportedly begun preparations for an preliminary public providing (IPO) anticipated to happen later this yr. Native press reviews point out the deliberate IPO goals to lift between $4.08 billion and $4.66 billion by way of a mixture of share issuance, a proposal on the market (OFS), and a pre-IPO placement. Reliance Jio Infocomm is concentrating on a launch within the second half of the yr, which might doubtlessly make it India’s largest-ever public providing. The corporate’s valuation is estimated to be between $100 billion and $120 billion.
In October 2024, Jio introduced it was adopting a extra measured strategy to 5G community growth on account of low capability utilization and the delayed monetization of the know-how. Consequently, the corporate has shifted focus towards upgrading its present 4G customers to costlier 5G companies. In September 2024, Reliance Jio Infocomm confirmed it had achieved nationwide protection with its 5G community.