2. Reliance Jio Infocomm Limited.
• Jio, is a LTE mobile network operator in India which is a wholly owned subsidiary
of Reliance incorporated on 15 February 2007
• It was Founded by Mukesh Ambani and Sanjay Mashruwalla is the Managing
Director
• Jio became publically available on 5th September 2016
• Headquarters located in Navi Mumbai with the coverage across all 22 telecom
circles in India
• Nearly 1,50,000 crore have been invested , with the covering of 22 zones all over
India
• The subscriber base of jio is 8.4 million
3. Profitability of Jio
• Reliance Jio Infocomm has reported a 62.5 percent increase in net profit for the
October-December period
• The market had estimated profit to be more than Rs 1,300 crore.
• Monthly average data usage per user though fell to 11.1 GB from 11.7 GB while
voice consumption per user dipped to 760 minutes per month from 789 minutes in
the preceding quarter
• Its operational revenues increased 28.3 percent to reach Rs 13,968 crore.
• At the end of fiscal year 2019, the net revenue growth rate of Reliance Jio was
over 118 percent. This was forecast to fall and reach approximately 30 percent by
the end of fiscal year 2021
4. Reliance Jio Operating Performance Details
1. Subscriber Base – 30 Crore . This number has been increasing every
month and steadily. In 2016, Jio had a subscriber base of zero. From there,
in just 2-3 years, they now have this huge subscriber base.
2. Average Revenue Per User (ARPU) – Rs. 126 per month. The ARPU
number is very healthy.
3. Average Data Usage – 10.6 GB per user per month. Jio has made internet
(data) affordable and with so many subscribers, this number has reached
here.
4. Average Voice Consumption – 823 minutes per user per month. Jio has
made voice calling a virtually free feature and has shifted all the focus
towards data usage.
5. Distribution Channel – 10 lakhs Retailers for Jio. This is the reason behind
Jio being successful in acquiring such a huge subscriber base.
5. Reliance Jio Annual Results
Reliance Jio Annual Results
● The net profit growth is not a sustainable one, but the company will still be able to
maintain a profit growth rate of 30%-40% for the next 4-5 years.
● This can be said based on the aggressive actions Jio is taking.
