Reliance Jio's ARPU remains muted at Rs 181.7 with customer base reaching 489.7 million

economictimes.indiatimes.com:

telecom operators, Jio Infocomm, on Friday unveiled that the company's average revenue per user remained muted at Rs 181.7 per subscriber on monthly basis for the first quarter of the financial year.
Additionally, the Reliance-owned telco announced that it had new 8 million net additions in 1Q FY25 with monthly churn at 1.7%.

“Ubiquitous, high-quality, affordable internet is the backbone of Digital India and Jio takes pride in contributing to this. Our new prepaid plans would foster industry innovation towards 5G and AI and drive sustainable growth. Jio with its superior network and new service propositions would further build its market leadership with a customer first approach," said Akash M Ambani, Chairman of Reliance Jio Infocomm.

Earlier, Reliance Jio Infocomm on Friday posted a 12 per cent year-on-year jump in standalone net profit for the June quarter at Rs 5,445 crore. The revenue from operations for the telco — the largest of three private players in the market — rose 10 per cent year-on-year to Rs 26,478 crore in the first quarter of current financial year, according to a BSE fiing.
The net profit stood at Rs 5,445 crore for the quarter under review, which translates into an 11.9 per cent increase year-on-year and a 2 per cent rise sequentially.

(more to come)