Correct Answer : Reliance Jio
Reliance Jio, the telecom leader in India, has outpaced China Mobile to become the world’s largest mobile operator by data traffic consumption. With a subscriber base of 481.8 million, including 108 million on its True5G Standalone network, Jio’s dominance underscores its position in the global telecom market.
Staggering Growth and Milestones :
In its quarterly results announced on Monday (22nd April 2024), Jio revealed remarkable achievements, including reaching a total data traffic of
40.9 Exabytes in the
January-March quarter, representing a
35.2% year-on-year increase. A significant portion of this traffic,
28%, originates from its
5G subscribers, indicating a swift adoption of next-generation connectivity.
Unprecedented Subscriber Base and 5G Penetration :
Jio’s subscriber base stands at
481.8 million, a figure that reinforces its stronghold in the Indian telecom landscape. Notably, the company boasts the world’s second-largest 5G subscriber base, with 108 million users on its network. This substantial 5G penetration underscores Jio’s preparedness for the future of telecommunications.
Impact of Pandemic and Technological Shifts :
The surge in data traffic, particularly attributed to
5G and home services, reflects not only Jio’s market dominance but also the changing dynamics of consumer behavior amidst the pandemic. The company’s
fixed wireless access (FWA) services have played a pivotal role in driving data consumption, resulting in a
2.4x increase since the onset of the global health crisis.
Future Prospects and Monetization Strategies :
Analysts project Jio’s continued market expansion, forecasting a subscriber base of
490-500 million by FY25. With the completion of 5G rollout, attention is now turning towards monetization strategies in the 5G era. Jio’s leadership in data traffic reaffirms its position as a formidable force in the global telecommunications industry, poised for further growth and innovation.
