Reliance Jio Announces AirFiber Launch on Ganesh Chaturthi, Expands 5G Reach

In a significant announcement made at the 46th Annual General Meeting (AGM) of Reliance Industries, Chairman Mukesh Ambani revealed that Reliance Jio's highly anticipated AirFiber service is set to make its debut on Ganesh Chaturthi, September 19. This development comes alongside the company's robust progress in expanding its 5G network coverage across India.

With a rapidly growing customer base that has now exceeded an impressive 450 million subscribers, Reliance Jio continues to exhibit remarkable year-on-year revenue growth, exceeding 20 percent. This success is a testament to the company's unwavering commitment to providing quality digital services.

One of the pivotal highlights of Mukesh Ambani's address was the progress of Jio's 5G services, which are well on track to envelop the entire nation with ultra-high-speed connectivity by December 2023. Currently, Jio's 5G network already extends to cover an impressive 96 percent of census towns across the country, a milestone achieved within just nine months since the initial rollout last October.

The company's efforts have led to Jio emerging as a frontrunner in 5G adoption in India, with over 50 million 5G customers. An added advantage is Jio's capability to seamlessly transition its extensive 4G customer base to 5G, requiring minimal additional capital expenditure. This smooth transition bodes well for the evolving digital landscape, facilitating high-ARPU post-paid customers to opt for Jio's network.

Reflecting on Jio's journey, Mukesh Ambani shared that the company's inception seven years ago was driven by a vision to transform India into a Premier Digital Society. "We have invested our heart and soul into building a Digital Public Infrastructure which the entire world has begun to admire," he affirmed. Jio has undeniably played a pivotal role in India's digital transformation journey, acting as a catalyst for progress.

However, Ambani also revealed that the company's ambitions extend beyond the boundaries of India. While Jio's stronghold in the domestic market remains steadfast, there are indications of broader aspirations that could potentially shape global digital advancements.

As the launch date for Jio AirFiber approaches, anticipation is mounting, with customers and industry observers eager to experience the new offering. With the expansion of Jio's 5G network well underway and the imminent launch of AirFiber, Reliance Industries is poised to continue its influential role in shaping India's digital future.

In conclusion, Reliance Industries' 46th AGM provided a comprehensive insight into the company's achievements and future strategies. From the imminent launch of Jio AirFiber to the sweeping expansion of the 5G network and a thriving customer base, Jio's impact remains undeniable in steering India toward a digitally empowered era.