Jio Has Made Profit of Rs. 504 Crores — Net Revenue of Rs. 6,879 Crores




There is no doubt that Jio is now most widely used the network in India. Jio providing fastest 4G internet service in India at the best affordable price. Now anyone can stream online videos and download anything with the Jio’s fastest network. Jio has already announced more benefit plans last month for their users includes Rs 50 off and 50% more data.

According to the TRAI known as Telecom Regulatory Authority of India released its data this week. Surprisingly as per released data, Jio has hit a top speed of 19.6 Mbps (megabits per second) in mobile broadband in October On the other hand, Vodafone hit the top speed of 9.9Mbps. Airtel hit the top speed of 9.3Mbps and Idea hit the top speed of the 8.1Mbps speed.

Jio has now more than 160.1 Million users. According to the Reliance Financial Presentation, Reliance Jio Infocomm has announced its total profit made within 18 months. They announced the Jio as an India’s Largest Wireless Network which has completed 160.1 Million users until December 31, 2017. Mikesh Ambani has unveiled its net profit which is Rs. 504 crores and the net revenue is Rs. 6,879 crores.

Jio has made a complete chart of their increased users. Jio shows that they have gained 27.8 million during the quarter, with a net addition of 21.5 million, when it became the world’s largest mobile data network and when they launched Jio Phone. Their report also claims that net usage of data is 431 crore GB at an average 9.6GB data used per person per month.

As I said there is no doubt Jio is number one network now in India. People using Jio network for data as well as to get the calling services. Jio has announced its total voice consumption also which is 694 Minutes per subscriber per month. The total number is 31,113 crores used by their total number of subscribers until December 21, 2017.

These numbers are so huge. What do you think about this? Let us know in the comment section.




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