India: Reliance Jio adds 83m subs
June 11, 2018
By Chris Forrester
India’s recently formed cellular telco Reliance Jio ended its financial year on March 31st with a total of 186.6 million subscribers, having added a net 83 million subs during the year, which is greater growth than all of India’s other operators combined.
The company has enjoyed a spectacular success having only been formed in 2010 and with its ‘Jio’ voice over LTE service ‘soft’ launched on December 27th 2015 (and made available to consumers in September 2016).
Founder Mukesh Ambani, in the company’s Annual Report to investors, said that Jio had the lowest churn in the sector (0.25 per cent per month) and stressed the company’s commitment to service, and where its subscribers were consuming an average 13.8 hours of video a month, 716 minutes of voice calls and 9.7GB of data.
Ambani said that by the end of 2018 its service would be available to 99 per cent of India’s population.