wordpress blog stats
Connect with us

Hi, what are you looking for?

Jio added 10 million net subscribers every month in FY18-19: Q4FY19 earnings

Reliance Industries' digital services business reported operating revenues of Rs 13,609 crore for the quarter ended March 31, 2019 (Q4FY19), reporting a 62% year-on-year increase and 10.6% growth over the last quarter. The company reported 12.8% growth over the last quarter in consolidated EBIT to Rs 2,665 crore. Subscribers and ARPU this quarter Subscriber base as on March 31, 2019 was 306.7 million, up 64% YoY Net subscribers additions during quarter was 26.6 million, slightly lower than net additions of 27.8 million in the previous quarter, up 0.4% YoY On an average Jio added over 10 million net subscribers per month in FY18-19 Gross additions were 33.2 million after disruption in the previous quarter due to new KYC process Jio carried 71% of 4G data traffic in country during CY18 The company said usage metrics on JioPhone were comparable to smartphone users Monthly churn of 0.75% Monthly ARPU Rs 126.2 per subscriber during the quarter, down from Rs 130 per user in the previous quarter JioSaavn has over 45 million songs in 15 languages JioTV has over 630 channels with live and catch-up content, JioCinema has content across 11 languages including from Disney, Eros Now, and ALT Balaji Jio metrics Wireless data traffic of 956 crore GB in the quarter, up 89% YoY and up from 864 crore GB last quarter Voice traffic during the quarter of 72,414 crore minutes, almost doubled YoY (95% increase), and up from 63,406 crore minutes last quarter Average data consumption per user per month…

Please subscribe/login to read the full story.
Written By

I cover health, policy issues such as intermediary liability, data governance, internet shutdowns, and more. Hit me up for tips.

Free Reads

News

Telecom companies are against a regulatory sandbox, as they think information revealed by businesses during the sandboxing process might be confidential should be out...

News

According to a statement, the executive body of the European Union had also sought internal documents on the risk assessments and mitigation measures for...

News

The newly launched partially open-sourced LLM Grok-1 can be commercially used but not trademarked.

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

Views

News

NPCI CEO Dilip Asbe recently said that what is not written in regulations is a no-go for fintech entities. But following this advice could...

News

Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...

News

The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...

News

Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...

News

Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...

You May Also Like

News

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...

Advert

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...

News

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...

News

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...

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
Name:*
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