16 October, 2021

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Ambani, Telecom News, ET Telecom

New Delhi: Reliance Jio’s fiber connectivity has expanded its footprint across 12 million homes and business premises, despite slower rollouts, making Jio the largest and fastest growing fixed broadband operator in India, Chairman Mukesh Ambani said.

“Across the world, the past 15 months have been challenging for on-the-ground physical work. Jio Fiber, Jio’s optical fiber-based, gigabit speed, fixed broadband services has also faced similar challenges. The pace of optical fiber deployment, building-connectivity and home-installations have all been slower than expected because of lockdowns and other restrictions across our country,” Ambani said during the 44th annual general meeting of Reliance Industries Limited on Thursday.

“Despite this, I am glad to announce that JIOFIBER has acquired more than 2 million new premises over the past year, following all safety protocols for our customers and employees. Now, with a cumulative base of 3 million active home and business users, JIOFIBER has become the largest and the fastest growing fixed broadband operator in India,” he added.

Data consumption on Jio Fiber has grown to more than 3.5 times compared to a year ago and it has reached 12 million homes and business premises, with a deep fiber footprint across top 100 cities, he said.

“I continue to be confident of a rapid uptake of Jio Fiber services and revenue growth for JIO as India recovers from COVID,” Ambani said.