Jio 5G on track to cover entire country by December: Mukesh Ambani
New Delhi (PTI): Reliance Jio's 5G services marks the fastest-ever rollout of this scale anywhere in the world, and the company is "on track" to cover the entire country with the ultra high-speed network by December this year, RIL Chairman Mukesh Ambani said on Monday.
JioAirFiber will be launched on Ganesh Chaturthi, September 19, Ambani said at the 46th AGM of Reliance Industries.
Jio customer base has crossed 450 million. Its 5G network covers 96 per cent of towns and the company is on track to cover the entire country by December.
"Jio's overall customer base has now crossed the milestone of 450 million subscribers, reflecting a year-on-year revenue growth of over 20 per cent," he said.
The per-user data consumption on Jio's network has surged, with the average user now consuming over 25 GB every month.
Ambani said that Jio was launched seven years ago with a mission to transform India into a Premier Digital Society, and added "we have invested our heart and soul into building a Digital Public Infrastructure which the entire world has begun to admire." Jio has been the main catalyst of New India's spectacular digital transformation, he asserted.
"Now our ambitions are even higher -- and they go beyond the shores of India, as I shall explain. Let’s first discuss Jio True 5G, our pioneering 5G broadband offering. We began our 5G rollout last October. In just nine months, Jio 5G is already present in over 96 per cent of the census towns of our country," Ambani said.
Jio is on track to cover the entire country by December this year.
With over 50 million 5G customers, Jio is already leading in 5G adoption in India, Ambani said.
"And we are the only company with the capacity to smoothly transition our entire 4G customer base to 5G, with minimal additional capital expenditure. With the growing adoption of Jio 5G, we are also seeing an increasing trend of high-ARPU, post-paid customers choosing Jio as their preferred network," Ambani said.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
India moving towards becoming global economic powerhouse: Kovind
_vb_69.jpeg)
Amritsar (PTI): Former president Ram Nath Kovind on Friday said that with digital transformation, economic reforms and a strong focus on the ease of doing business, India is moving towards becoming a global economic powerhouse.
He was speaking after inaugurating the 19th edition of the Punjab International Trade Expo (PITEX) in Amritsar.
The former president said that this 19th edition of PITEX is being organised at a time when India is recognised as one of the fastest-growing large economies in the world.
Speaking at the inaugural ceremony of the event organised by the PHD Chamber of Commerce and Industry (PHDCCI) the former president, while referring to Punjab, said the state is a living example of courage, sacrifice and enterprise.
"The spiritual light of Sri Harmandir Sahib (Golden Temple) inspires peace and humanity across the world. The heritage of Punjab is deep and inspiring," Kovind said, according to a statement issued by the PITEX.
The former president congratulated the PHDCCI for hosting the 19th edition of PITEX and suggested that the chamber should expand PITEX outside Punjab.
He proposed that a similar event should also be held in New Delhi.
