Categories: Business

Jio completed a 5g coverage plan for the top 1,000 cities in the country

New Delhi: JIO has completed the planning of 5G network coverage for the top 1,000 cities in this country and adds fiber capacity and running pilots in various locations, a senior official said during the presentation.
The company has created a team to focus on specific solutions for the spread of 5G in India, Reliance Jio Infocomm President Kiran Thomas said on Friday night.
“5G coverage planning has been completed for the top 1,000 cities throughout the country.
Jio has conducted a trial of advanced use cases throughout health care and industrial automation on its 5G network,” Jio said in a statement.
Thomas during the presentation said that the company runs 5G pilots in several cities and network planning for rolls 5G using 3D maps and tracing ray technology is underway.
“We use the most modern approach to network planning, especially 3D maps and ray tracking technology because 5G is a fairly unique technology, which requires a very sophisticated network planning technique, and we do that for all India, so it is like and when approval is accepted for us To launch this network, we will be directed well to prioritize our launch, where we can make maximum contributions, “Thomas said.
Auctions for the 5G spectrum are expected to be held in the first quarter of the next financial year.
Reliance Jio reported to close the third quarter which ended on December 31 with a net addition of 1.02 CRORE Customers in year-to-year (yoy) at 42.1 Crore.
The customer base, however, decreases every quarter per quarter.
“We closed this quarter at 421 million customers.
It was a reduction of 8.4 million, but the gross addition continued to be very strong 34.6 million.
And the reduction is really due to the consolidation of SIMs and some less active customers, now with increased rates, etc.
, see the consolidation of use in one SIM, “said the head of the Jio Anshuman Thakur strategy.
On the base number reported, the Jio ARPU remained almost flat but the average income of the company per user (ARPU) increased by 8.4 percent to Rs 151.6 in the year after adjusting the cost of using interconnection (IUC) that must be Paid.
for other operators.
IUC fees have become zero from January 1, 2021.
The JIO platform posted an increase of 8.8 percent in net income at Rs 3,795 Crore for the third quarter which ended December 2021.
It has posted a net profit of Rs 3,486 Crore in the same period with the same period of the year then.
Gross income from operations increased 5.76 percent to RS 24,176 Crore from RS 22,858 Crore in the October-December 2020.
Reliance Jio Infocomm Ltd (RJIL), the JIO platform telecommunications service arm, posted a 9.8 percent increase in net income at RS 3,615 Crore for the quarter, compared to Rs 3,291 Crore in the last year period.
Rjil revenue from operations increased 4.62 percent to RS 19,347 Crore from RS 18,492 Crore before.

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