Mumbai: At the 46th Annual General Meeting (AGM) of Reliance Industries, Chairman Mukesh Ambani made a significant announcement, revealing the launch date of Reliance Jio AirFiber. The eagerly anticipated launch is scheduled to coincide with Ganesh Chaturthi, set for September 19.

Ambani also shared exciting updates about Jio’s strides in the 5G realm, with a nation-wide ultra-high-speed network expected to be in place by December 2023. Impressively, Jio’s customer base has surged beyond 450 million, accompanied by a remarkable year-on-year revenue surge of over 20 percent, as confirmed by Ambani.

Furthermore, Jio’s relentless 5G expansion strategy has resulted in a remarkable 96 percent coverage of towns, with the ambitious goal of covering the entire nation within this year. An interesting transformation has unfolded in the data consumption landscape on Jio’s network, with average individual data usage surpassing 25 GB per month.

Mukesh Ambani also took the opportunity to reflect on Jio’s transformative journey over the past seven years, which commenced with the vision of making India a Premier Digital Society. He highlighted the global recognition received for building a robust Digital Public Infrastructure, positioning Jio as the driving force behind India’s monumental digital evolution.

Ambani’s announcement shed light on Jio’s visionary global agenda. He disclosed the successful deployment of Jio True 5G, a pioneering 5G broadband offering initiated in October. This initiative has enabled Jio to achieve an impressive coverage of over 96 percent across census towns, solidifying its leadership in 5G adoption with over 50 million 5G users.

Crucially, Ambani emphasized Jio’s unique capability to seamlessly transition its 4G user base to 5G, with minimal additional capital expenditure. As Jio’s 5G adoption grows, there’s a noticeable trend of high-ARPU, post-paid customers selecting Jio as their preferred network.

Mukesh Ambani’s insights during the AGM reaffirm Jio’s unwavering commitment to propelling India into a digital powerhouse while pioneering transformative advancements on the global stage. The strategic alignment of technological prowess and visionary ambition underscores Jio’s role as a true trailblazer in the digital landscape.

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