With as many as 450 million telecom subscribers, of which 50 million have already migrated to 5G, Ambani introduced aggressive plans to additional increase the scope of telecom operations, indicating that the corporate will proceed to preserve a powerful push within the enterprise which has been witnessing fast development since its launch in September 2016.
“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-user data consumption on Jio’s network has also surged, with the average user now consuming over 25 GB every month. This translates to monthly data traffic of 1100 crore GBs, representing a 45% year-on-year growth,” Ambani stated on the forty sixth AGM of Reliance Industries.
Indicating an aggressive enlargement plan in 5G, Ambani stated that the corporate has been including one 5G cell to our community each 10 seconds. “… we will have nearly one million 5G cells operational in our network by December.”
He stated the corporate started 5G rollout final October. “In just nine months, Jio 5G is already present in over 96% of the census towns of our country. And we’re on track to cover the entire country by December of this year. This makes Jio 5G the fastest-ever 5G rollout of this scale anywhere in the world.”
On Jio AirFiber, the fixed-wireless broadband providing from the corporate, he stated that the trouble is to present broadband to areas which have remained unconnected due to the complexities and delays concerned in extending optical fiber to their premises. “Jio AirFiber uses our pan-India 5G network and advanced wireless technologies to bypass the need for last-mile fibre. Through optical fiber, we can currently connect around 15,000 premises daily. But with Jio AirFiber, we can supercharge this expansion with up to 150,000 connections per day. That is a ten-fold increase, expanding our addressable market over the next three years to over 200 million high-paying homes and premises.”
Ambani additionally outlined aggressive plans for Artificial Intelligence (AI), terming it the “most exciting frontier of growth” for Jio. Ambani stated the corporate will create up to 2,000 MW of AI-ready computing capability, throughout each cloud and edge areas, whereas adopting sustainable practices and greener future.
A worldwide AI revolution is reshaping the world and clever purposes will redefine and revolutionise industries, economies, and even every day life, prior to anticipated, he stated, including that to keep globally aggressive, India should harness AI for innovation, development, and nationwide prosperity. “Here is my promise to our countrymen. Seven years ago, Jio promised broadband connectivity to everyone, everywhere. We have delivered. Today Jio promises AI to everyone, everywhere. And we shall deliver,” he stated.