wordpress blog stats
Connect with us

Hi, what are you looking for?

Jio adds 27.8M subscribers, now at 280M at the end of Q3FY19

Reliance Industries Limited’s digital services business brought in revenues of Rs 12,302 crore for the quarter ended 31 December 2018 (Q3FY19), up 51.2% YOY from Rs 8,136 crore in Q3FY18, and up 12.4% from Rs 10,942 in the previous quarter. At an EBIT margin of 19.2%, the EBIT was Rs 2362 crore, up 64% from Rs 1440 crore in Q3FY18, and up 15% from the previous quarter.

This quarter in Reliance Jio 

  • 280.1 million subscribers, up from 252.3 million in the previous quarter, and 160.1 million in Q3FY18
  • Added 27.8 million net subscribers this quarter (as against previous four-quarter average of 28.4 million)
  • Net subscriber addition over the last 12 months was 120 million
  • Gross adds at 32.7 million, where Reliance claims the lowest industry churn rate at 0.61% per month
  • The company announced VoLTE international roaming between India and Japan
  • Jio music and Saavn were merged into JioSaavn, the music streaming service
  • JioCinema tied up with Disney India to stream the latter’s content

Jio’s metrics

Reliance Jio had a standalone net profit of Rs 831 crore for this quarter, up from Rs 681 crore in the previous quarter.

  • ARPU of Rs 130 per subscriber per month
  • Total wireless data traffic of 864 crore GB
  • Total voice traffic of 63,406 crore minutes
  • Average data consumption was 10.8 GB per user per month
  • Average voice consumption was 794 minutes per user per month
  • Video consumption drove most of the usage, increasing to 460 crore hours per month

4G, fiber and cable

Jio also expanded its 4G LTE network coverage “to 99% of population” which will be completed in the next few months. It claims to be the only network to deploy tri-band 4G (850MHz/ 1800MHz/ 2300MHz) across all its network sites. Reliance will look at separating its Fibre and Tower companies for use amongst RJIL, Jio Digital Fibre Private Limited and Reliance Jio Infratel Private Limited. The company is awaiting regulatory approval on its acquisition of Den Networks and Hathway Cable and Datacom.

RJIL’s board has approved a demerger of its optic cable fibre to Jio Digital Fibre Private Limited and transfer on a slump sale basis of its tower infrastructure to Reliance Jio Infratel Private Limited, awaiting NCLT approval.

Ajio, the online fashion arm, claims to have doubled its inventory from 60,000 to 115,000 in this quarter, and launched Ajio Gold, a segment for premium and luxury watches segment.

Download: Financials | Presentation

Advertisement. Scroll to continue reading.
Written By

I'm a MediaNama alumna from 2015-16 (remember TinyOwl?) now back to cover e-services like food and grocery delivery, app based transport and policies, platforms and media in India.

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.



Due to the scale of regulatory and technical challenges, transparency reporting under the IT Rules has gotten off to a rocky start.


Here are possible reasons why Indians are not generating significant IAP revenues despite our download share crossing 30%.


This article addresses the legal and practical ambiguities in understanding the complex crypto ecosystem in India.


It is widely argued that the PDP Bill report seeks to discard the intermediary status of social media platforms but that may not be...


Looking at the definition of health data, it is difficult to verify whether health IDs are covered by the Bill.

You May Also Like


Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...


135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...


Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...


By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Your email address:*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ