Business

Rel Jio added millions customers over past quarter alone !!!

In its second quarter financial and operational performance report, the Reliance Industries Limited (RIL) has revealed that customer base of Jio has seen significant surge. The report also highlights that Reliance Jio has added around 15.3 million subscribers over last quarter alone. Reliance says that the company’s financial performance is ‘strong’.In the report, RIL also posted that the company – Jio has seen a total wireless traffic of 374 crore gigabytes (3.74 billion GB) in Q2, which ended on Sept 30. It also says that Jio is touting the highest per capita data consumption of 9.62GB per user per month.By adding about 15.3 million users, Jio grew its customer base to 136.8 million in three months.

Commenting on the quarterly performance result, Reliance Industries Chairman – Mukesh Ambani says, “The rapid uptake of Jio services reflects the latent need of the society. We are confident that Jio will bring significant benefits to the Indian economy and the Indian customers and will take India to a much higher pedestal… The strong financial results of Jio demonstrates the robust business model of Jio and the significant efficiencies that the Company has built through its investment in the latest 4G technology and right business strategy.”

Getting into the statistics shared by Reliance Jio, the company is said that the average average revenue per user (ARPU) on one user per month was around Rs 156.4. While the average voice traffic in the period stood at 2.67 billion minutes a day. The report further reveals that this quarter has seen the highest per capita voice consumption which is around 626 minutes per month.

Summary
Review Date
Reviewed Item
Rel Jio added millions customers over past quarter alone !!!
Author Rating
51star1star1star1star1star
Tags

Leave a Reply

Your email address will not be published.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

This site uses Akismet to reduce spam. Learn how your comment data is processed.