New Delhi: Jio has completed 5G network coverage planning for the country’s top 1,000 cities and is expanding its fiber capacity as well as piloting all sites, a senior company official said during a presentation.
Kiran Thomas, president of Reliance Jio Infocomm, said on Friday evening that the company has formed teams to focus on solutions dedicated to 5G deployment in India.
“Planning for 5G coverage for the top 1,000 cities across the country has been completed. Jio is conducting trials on its 5G network on advanced use cases in healthcare and industrial automation,” Jio said in a statement.
Thomas said during the presentation that the company was piloting 5G in multiple cities and was planning to roll out 5G using 3D maps and ray tracing technology.
“We are using the most advanced approaches to network planning, especially 3D maps and ray tracing technology because 5G is a very unique technology that requires very advanced network planning techniques, and we carry that out for the whole of India. So when and when we receive approvals to roll out this network, we will be better equipped to prioritize our rollouts, where we can make the maximum contribution, “said Thomas.
The auction for 5G spectrum is expected to take place in the first quarter of the next financial year.
Reliance Jio reported an annualized close of 1.02 crore subscribers (YoY) for the third quarter ended December 31, with a net increase of 42.1 crore.
However, consumer support declined on a quarter-on-quarter basis.
“We closed at 421 million subscribers in the quarter. That was a decrease of 8.4 million, but the overall increase continued very strong 34.6 million. And the decline was actually due to SIM consolidation and some less active subscribers, now tariff increases, etc. With a view to consolidating the use, “said Anshuman Thakur, Reliance Jio’s head of strategy.
Based on the reported numbers, Jio’s ARPU remained almost flat but the company’s average revenue per user (ARPU) increased by 8.4 per cent year-on-year to Rs. 151.6 which he had to pay. To other operators.
The IUC charge has been zero since January 1, 2021.
Jio Platforms increased its net profit by 8.8 per cent to Rs. 3,795 crore.
In the same period a year ago, it was Rs. 3,486 crore net profit.
The total revenue from operations during the period October-December 2020 was Rs. 22,858 crore to Rs. 24,176 crore.
Reliance Jio Infocomm Limited (RJIL), the telecom services arm of Jio Platforms, reported a 9.8 per cent increase in net profit for the quarter to Rs. 3,615 crore in the corresponding period of the previous year. 3,291 crore.
Revenue from RJIL’s operations was Rs. 18,492 crore to Rs. 19,347 crore.