In a remarkable achievement, Reliance Jio has concluded June with an impressive 213 million 5G subscribers. This milestone comes as the Indian telecom giant expanded its user base by 43 million in six months, growing from 170 million at the end of 2024. This growth cements Jio’s prominence in the competitive 5G market.
One major driver behind this growth is Jio’s unique, in-house 5G stack. This homegrown, cloud-native 5G core contributes significantly to its adoption rates and presents an opportunity for international expansion. Reliance Jio is prepared to export this technology beyond Indian borders, which in turn supports the country’s burgeoning AI and digital ecosystem.
Additionally, JioAirFiber has propelled itself to the forefront of the global fixed wireless access (FWA) sector, boasting nearly 7.4 million subscribers. Its fixed broadband service, on the other hand, has surpassed 20 million premises, demonstrating substantial reach in Indian households.
Akash Ambani, chairman of Reliance Jio Infocomm, expressed optimism about the company’s trajectory: “We have delivered a milestone quarter at Jio with our 5G and home subscriber base crossing the 200 million and 20 million marks, respectively.” He highlighted Jio’s commitment to delivering next-generation services like JioGames Cloud and JioPC bundles to further digital service adoption in India. This, Ambani notes, lays the foundation for widespread AI integration in the country.
Despite these achievements, Reliance Jio Platforms has postponed its highly anticipated initial public offering (IPO) past 2025. A recent report by Reuters suggests this delay arises from a strategic decision to bolster revenue and user growth prior to the IPO. Industry analysts have valued Jio Platforms at over $100 billion, a testament to its vast potential in digital services and telecommunications.
