India’s largest telecom operator Reliance Jio on Friday reported a 24% jump in Rs’ net net profit. 4173 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000

Independent revenues from operations increased by about 20.4% on an annual basis to Rs. 20,901 kroner.

The consolidation of mobile SIM cards after the increase in tariffs last December led to a net decrease in the customer base of 10.9 million in the 4th quarter of the 22nd financial year.

For Jio Platforms, the unit that runs the telecommunications and digital businesses, the consolidated net profit for the quarter just ended was Rs. 4313 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 The gross revenue for the quarter of March 2022 amounts to Rs. 26,139 rupees, nearly 21 percent more.

The total customer base as of March 2022 was 410.2 million, while ARPU – a key indicator for all telecommunications companies – increased in the quarter to Rs. 167.6 per subscriber per month.

The average revenue per user or ARPU was fixed at Rs. 151.6 per subscriber per month in the December quarter.

“ARPU for the quarter of 167.6 rupees per subscriber recorded a healthy growth of 21.3 percent on an annual basis and 10.5 percent growth on a quarterly basis,” said a statement from the parent Reliance Industries.

Total data traffic was 24.6 billion GB in the quarter, an increase of 47.5 percent.

Jio Platforms’ gross revenue for fiscal year 22 rose to 95,804 kroner, 17.1 percent higher than previous fiscal (adjusted for interconnection charges), according to the company.

Jio Platforms’ net profit for fiscal year 22 was Rs. 15 487 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000

For the fiscal year ended March 31, 2022, the consolidated PAT of the Reliance Jio telecommunications services division increased by about 23 percent to Rs. 14,854 rupees compared to Rs. 12,071 kroner in the 21st financial year.

Annual operating income rose about 10.3 percent to Rs. 77,356 crowns in 2021-22.

“The consolidation of the SIM card after the tariff increase in December 2021 led to a net reduction in the customer base of 10.9 million in the 4th quarter of fiscal year 22,” the statement said.

The gross increase in subscribers continued to remain strong with a total gross add-on of 35.5 million in the 4th quarter of fiscal year 22 with a steady grip in the mobility business and FTTH (optical to home), he added.

In the 4th quarter of fiscal year 22, the average monthly data consumption and user consumption increased to 19.7 GB and 968 minutes, respectively.

“Jio is already a provider of FTTH services №1 in the country with over 6 million connected premises. Jio users have an average of more than five hours of daily use of the plug-in, the company said.

Jio conducted extensive 5G field trials in eight states, testing a comprehensive set of products, including M-MIMO, Macro, Outdoor and Indoor Small Cell.

“The maximum user bandwidth achieved was over 1.5 Gbps in these tests. The interoperability and interoperability of multiple vendors have also been tested, “the statement said.

The spectrum obligation charged RIL with a net debt of Rs. 34,815 rupees in the quarter.

RIL Joint Chief Financial Officer Shrikant Venkatachari, during a call for profits, said there was a strong performance on the digital side, but there was a change in net debt due to refinancing of high-spectrum Rs liabilities. 30,971 crowns.

Gio had prepaid Rs. 30 971 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000 000

Jio Platforms President Kieran Thomas said the company is building a 5G network to bring it closer to consumers and the service is expected to be launched soon.

He also said that Jio has become a leader in fiber-based broadband connections and has added twice as many connections as the rest of the industry.

The Indian market is preparing for the introduction of 5G services, which will lead to ultra-high speeds and create new proposals and business models.

The countdown to mega-spectrum auctions has begun, and telecoms regulator Trai last month recommended about a 39 percent reduction in the reserve or minimum price for selling radio waves for mobile services, including the latest 5G proposal, as it seemed to meet solvency revenue expectations. of the industry.

Trai’s latest recommendations will lay the groundwork for spectrum auctions in 2022 to facilitate the deployment of 5G mobile services within 2022-23 by private telecommunications providers.

The government is likely to hold a tender for 5G spectrum in early June, Telecommunications Minister Ashwini Weisnau said recently. The telecommunications department is working on schedule and the process is ongoing to address industry concerns about spectrum pricing.


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