Reliance Jio Reaches 355Mn Subscribers
At its Q3 earnings calls on Friday, Reliance Jio appear a total subscriber base of 355.ii one thousand thousand, bringing it e'er closer to the nation's largest mobile carrier, Vodafone Idea. The number represents a net addition of 24 1000000 users over the previous quarter, when the company reported a total subscriber base of operations of 331 million. Reliance also claimed to have reached 340 million+ subscribers at its almanac general meeting (AGM) back in August.
The Telecom Regulatory Authority of Republic of india (TRAI) as well published its own data on Friday, revealing the Mukesh Ambani-led company'south full client base stood at 348.2 million at the terminate of Baronial with the improver of 8.445 million users during the calendar month. Bharti Airtel lost 561,000 customers over the same catamenia, bringing its subscriber base downwardly to 327.9 million, while Vodafone Idea had an exodus of 4.956 million subscribers, reducing its subscriber count to 375 meg.
Jio also claimed that its subscriber churn rate was the lowest in the manufacture at 0.74 pct per calendar month. However, its Boilerplate Revenue Per User (ARPU) came in at Rs. 120 per customer, which is a shade lower than Rs. 122 during the previous quarter. The total wireless data traffic on the network increased to 12.02 billion GB, driven by average information consumption of 11.7GB per user per month. The total voice traffic was 812.62 billion minutes, with an average of 789 minutes per user per calendar month.
While falling ARPUs remain a crusade for concern beyond the manufacture, Jio's latest decision to pass on the Interconnect Usage Charges (IUC) to customers is being seen equally a way to counter that trouble. According to observers, it could be the first bespeak that tariffs have finally bottomed out and volition go up in the coming months, although, users will be hoping that won't exist the case.
Source: https://beebom.com/reliance-jio-355-million-subscribers/
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