Jio's share in the overall data traffic in India increased to about 60 per cent in 2023-24, according to the annual report of parent firm Reliance Industries Limited. Jio's ahead-of-the-curve investments in next-generation network and digital technologies would sustain a competitive edge and market share gains, it said and added this will ensure strong and consistent shareholder return over the coming years.
In the annual report, Reliance Industries' Chairman and Managing Director Mukesh Ambani said Jio turned a «Data Dark India» into a «Data Rich» nation with affordable, high-speed 4G data, and followed it up with a 5G network rollout across India in world-record time.
According to the annual report, the rollout of the next-generation fixed wireless networks would catalyse demand for high-speed fixed broadband. Rural areas are expected to see a higher uptake of these services due to limited last-mile infrastructure currently.
The report further said Jio's indigenously developed technologies are being deployed at scale in India and will subsequently be taken to the rest of the world.
With highest average per capita data usage at 28.7 GB per month in the March 2024 quarter, the company has recorded a 31 per cent year-over-year increase in overall data traffic to about 149 exabytes during FY 2023-24 with increase in 5G user base as well as its fixed broadband connections.
An extraordinarily large unit of digital data, one exabyte is equal to one billion gigabytes.
«Jio has built enough data capacity to serve