Mumbai, Jun 27: Reliance Jio Infocomm has entered a new league, having notched up more than 200 million subscribers at the end of May; the telco hit this milestone in the shortest time ever to the mark — less than 24 months.
With this Jio is likely to overtaken Idea Cellular’s 217-million user base and would be snapping at the heels of Vodafone, which has around 222 million users. Bharti Airtel is the market leader with 309 million wireless users.
Jio is, however, the undisputed number one player in the data segment. Competitive data prices — as low as Rs 5 per GB — have enabled Jio to maintain a lead over its peers; data traffic at 5,060,000 million MB during January-March quarter of FY18 was much higher than Bharti’s 1,539,746 million MB.
Jio’s data usage per customer at 9,700 MB at the end of March is also the highest in the industry as Bharti’s usage stood at 6,586 MB per customer.
Jio, a subsidiary of the Mukesh Ambani-controlled Reliance Industries (RIL), had reported a subscriber base of 187 million at end March. In other words, it had added close to 9-10 million users each in April, May and June.
This milestone is likely to be announced by RIL chairman Ambani at the company’s annual general meeting on July 5.
Jio did not respond to an email query on the subject till the time of going to press.
Jio, which commenced commercial services in September 2016, added 50 million subscribers in November that year itself. By February 2017 it had notched 100 million users and by November that year it had added 150 million subscribers to its network.