Reliance Jio’s Data Traffic Share Hits 60% In FY 2023-24
Reliance Jio will have a 60 per cent share of India's data traffic as per report, with increases in rural broadband adoption and data consumption
Reliance Industries' most recent annual report says Reliance Jio will have a dominant 60 per cent share of India's data traffic in fiscal year 2023-24. This expansion is being driven by the company's investments in innovative network technology and the targeted implementation of next-generation fixed wireless networks, which are expected to improve internet offerings, particularly in rural areas.
Reliance Jio's increased data traffic supremacy is due to considerable investments in next-generation network infrastructure and digital technologies. The company's emphasis on delivering high-speed broadband via fixed wireless networks is expected to boost service consumption in rural areas where last-mile infrastructure is limited.
According to the annual report, Jio's data capacity is now sufficient to serve more than a billion consumers across several digital platforms. Jio tops the market in both mobile and fixed-line categories, with 48.18 crore overall customers, 10.8 crore 5G subscribers and 1.2 crore fixed broadband users. The research also cites a significant increase in average per capita data usage, which reached 2.87 GB per month in March, representing a 32 per cent year-on-year increase in data traffic to approximately 149 exabytes for the fiscal year.
The firm estimates that its Jio True5G network now handles approximately 30 per cent of total mobility data traffic. Jio's approach, which includes the deployment of 5G on a stand-alone infrastructure, distinguishes it in the Indian telecom market. However, the corporation recognises the possibility of disruptive technology influencing market dynamics and pricing.
"Jio has established enough data capacity to meet the digital requirements of over a billion Indians in their homes, offices and on the go. Jio now accounts for almost 60 per cent of data traffic in India, making it the most popular broadband network, according to Reliance Industries' annual report. Reliance Jio will continue to leverage technical developments in AI/ML, robotics and AR/VR to preserve its market position in the future.
