iWorld

Jio Fiber acquires 2 mn new premises despite pandemic’s blows

Data consumption on Jio Fiber has grown by over 3.5 times

https://indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2021/06/25/jio.jpg?itok=1h3U1NBR

KOLKATA: The last year has played a crucial role in the surge of fixed-line broadband consumption, thanks to work from home and school from home routine followed by millions. After years of tepid growth, the industry got the much-needed push and one of the largest players, Jio Fiber seems to have cashed in on the trend.

Jio Fiber has acquired more than two million new premises over the past year, said the Reliance Industries chairman Mukesh Ambani at the company’s 44th annual general meeting on Thursday.

“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,” said Ambani.

With more than two million new premises over the past year, Jio Fiber now has a cumulative base of three million active home and business users. “JioFiber has become the largest and the fastest-growing fixed broadband operator in India," said the Reliance Industries chairman, “I continue to be confident of a rapid uptake of Jio Fiber services and revenue growth for Jio as India recovers from Covid."

Data consumption on Jio Fiber has grown to more than 3.5 times compared to a year ago. Jio entered the home broadband market in 2016. At the moment, Jio's optical fiber network is physically present outside more than 12 million homes and business premises, with a deep fiber footprint in the top 100 cities.

Ambani added that Jio is uniquely positioned to quickly and seamlessly upgrade to 5G. To develop a 5G ecosystem, he said, the company is working with global partners to develop a range of 5G devices. "Jio is not just working to make India 2G-mukt, but also 5G-yukt," he said.

Jio Fiber recently launched new post-paid plans and announced that it will not charge Jio Fiber postpaid users for installation or a security deposit of the internet setup. It is offering six and twelve months post-paid plans. The plans have been introduced at a starting price of Rs 399 per month. For customer retention, it offers free Netflix, Amazon Prime Video subscription along with others for its high-end plans.

Latest Reads

https://indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2022/01/27/img_27012022_185442_800_x_800_pixel.jpg?itok=qMYITtO6
Cornerstone Sport signs exclusive streaming deal with Loco

Mumbai: Esports team GodLike Esports has inked a deal with streaming and esports platform Loco. Cornerstone Sport, the management agency of GodLike Esports, facilitated the deal to provide live streaming rights for GodLike’s BGMI, Free Fire, and CODM rosters to Loco. "The two companies will join...

iWorld Over The Top Services
https://indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2022/01/27/img_27012022_172855_800_x_800_pixel.jpg?itok=xVFByu7A
Disney+ Hotstar appoints Shweta Poojari as PR & publicity head for India

Mumbai: Disney+ Hotstar has appointed Shweta Poojari as head of public relations and publicity for the Indian market.  She was previously managing publicity for Netflix originals in India for three years.

iWorld Over The Top Services
https://indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2022/01/27/img_27012022_130355_800_x_800_pixel.jpg?itok=_Bgdf3QX
AT&T likely to close WarnerMedia-Discovery merger by June-end

Mumbai: US major AT&T has reported its fourth-quarter financial results on Wednesday. The company's WarnerMedia segment posted revenues of $9.9 billion, a growth of 15.4 per cent year-on-year driven by content licensing and direct-to-consumer subscription growth. The company said that it...

iWorld Over The Top Services
https://indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2022/01/25/img_25012022_163112_800_x_800_pixel.jpg?itok=CCerpMr1
AT&T rolls out fastest consumer broadband at 2-gig, 5-gig speeds

Mumbai: Telecommunication giant AT&T has rolled out the fastest consumer broadband services at new multi-gig speeds of 2-gig and 5-gig for its fiber customers across parts of the network’s footprint. Starting 24 January, AT&T’s nearly 5.2 million customer locations in parts of more than 70...

iWorld Over The Top Services
https://indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2022/01/24/poker.jpg?itok=YGjrr_w_
National Poker Series set to return with second edition on 6 March

National Poker Series (NPS) India is set to return with its second edition on 6 March. The series has announced a prize pool of Rs 18.5 crore for 84 tournaments across 15 days.

iWorld e-commerce
https://indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2022/01/24/trai_0.jpg?itok=HP3OeW4U
Trai directs DPOs to comply with provisions of interconnection regulations

Mumbai: The Telecom Regulatory Authority of India (Trai) has directed all distribution platform operators (DPOs) to ensure compliance with the provisions of the interconnection regulations pertaining to the listing and display of TV channels on the electronic programme guide (EPG). The telecom...

iWorld Telecom
https://indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2022/01/24/netflix.jpg?itok=3Ck11E1i
Netflix launches ‘Take Ten’ initiative to support emerging filmmakers

Mumbai: Netflix on Monday announced the launch of 'Take Ten,' a short film workshop and competition, that aims to discover and support emerging filmmakers from diverse backgrounds in India. 'Take Ten' is sponsored by Netflix Fund for Creative Equity, which has dedicated $100 million a year over...

iWorld Over The Top Services
https://indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2022/01/24/trai.jpg?itok=Ozc84E6w
Trai to come up with recommendations to facilitate 5G rollout

Mumbai: The Telecom Regulatory Authority of India (Trai) will soon come up with recommendations to facilitate telecom connectivity and for easing out network rollout issues being faced by telecom companies, especially with regard to 5G.   During a virtual event organised by Digital Infrastructure...

iWorld Telecom
https://indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2022/01/24/zz.jpg?itok=YkhYKVlQ
‘Akhanda’ becomes most-watched Telugu film on Disney+ Hotstar

OTT streaming service Disney+ Hotstar stated that the film "Akhanda" has garnered the highest viewership and watch time on the platform for a Telugu language title.

iWorld Over The Top Services

Sign up for our Newsletter

subscribe for latest stories

* indicates required