“5G coverage planning has been completed for 1,000 top cities across the country. Jio has been conducting trials with advanced use cases in healthcare and industrial automation on its 5G network,” Jio said in a statement.
Thomas said during the presentation that the company is conducting a 5G pilot in several cities and network planning is underway for the rollout of 5G using 3D maps and ray tracing technology.
“We are using the most modern approaches to network planning, especially 3D maps and ray tracing technology as 5G is quite a unique technology that requires very advanced network planning techniques and we are doing this for all of India so we are gradually getting approvals for the rollout of this network, we are well-equipped to prioritize our rollout where we can make the maximum contribution,” said Thomas.
The auction for 5G spectrum is expected to take place in the first quarter of the next fiscal year.
Reliance Jio reported to end the third quarter ended December 31 with a net addition of 1.02 billion YoY customers at 42.1 billion.
However, the subscriber base declined quarter-on-quarter.
“We ended the quarter with 421 million subscribers. That was down 8.4 million, but gross growth continued to be very strong at 34.6 million. And the decline was really due to SIM consolidation and some of the less active customers called tariff increases etc. to consolidate usage into a single SIM card,” said Anshuman Thakur, Head of Strategy at Reliance Jio.
On a numeric basis, Jio’s ARPU remained almost unchanged, but the company’s average revenue per user (ARPU) rose 8.4 percent year-on-year to Rs.151.6 after adjustments to payable Interconnection Usage Charges (IUC). other operators.
IUC fees have dropped to zero as of January 1, 2021.
Jio Platforms reported an 8.8 percent increase in net profit to Rs.3,795 crore for the third quarter ended December 2021.
In the same period a year ago, it had posted a net profit of Rs 3,486 crore.
Gross revenue from operations increased by 5.76 per cent to Rs.24,176 crore from Rs.22,858 crore in the period October-December 2020.
Reliance Jio Infocomm Ltd (RJIL), the telecom services arm of Jio Platforms, reported a 9.8 per cent increase in net profit for the quarter to Rs.3,615 crore compared to Rs.3,291 crore in the same period last year.
RJIL’s operating income increased by 4.62 per cent to Rs.19,347 crore from Rs.18,492 crore previously.