Mukesh Ambani on Monday said that Jio which has amassed over 340 million subscribers in less than three years, is now ready to fire four new growth engines including Internet of Things (IoT) for the entire country, home and enterprise broadband services as well as broadband for SMEs.
“Revenue from each of these engines will kick in this fiscal itself,” Reliance Industries’ Chairman and Managing Director Mukesh Ambani said addressing the 42nd Annual General Meeting (AGM) here.
The investment cycle of Reliance Jio is complete, and about Rs 3.5 lakh crore has been invested in high-speed 4G network, he said.
Terming Jio’s journey since 2016 as “incredible”, Ambani said that India was “data dark” before the entry of Jio into the telecom market.
“Jio has made India data-shining bright. Today Jio customer base stands at over 340 million… The potential for growth is immense and half a billion customers, is now I believe well within our reach,” he said.
“India because of you, Jio has not only become the largest operator in India but is the second largest operator in the world on a single platform,” he said.
The investment cycle of Jio is now complete, and only marginal investments would be needed in areas to grow capacity, he said adding that this gives the company strong operational leverage and superior return on investments for years to come.
“We are ready to kick start four engines of connectivity revenue for Jio…Internet of Things for entire country, home and enterprise broadband, broadband for small and medium enterprises (SME),’ he added.
Pingback: paito hongkong
Pingback: Ronnie
Pingback: 먹튀노트
Pingback: fish Tank Heater yourfishguide.com
Pingback: huong dan 188bet
Pingback: Fake id
Pingback: so de
Pingback: immediate-edges.com
Pingback: paypal account
Pingback: how to tell if a rolex is fake
Pingback: easyweb login td
Pingback: Functional testing approach
Pingback: intelligent automation
Pingback: squeeqee.co.uk/carpet-cleaning-hemel-hempstead
Pingback: dyo cornhole boards
Pingback: sex tourism countries
Pingback: rolex datejust replica is rolex easy you are wrong
Pingback: 5d diamond painting kit
Pingback: beretta guns for sale
Pingback: ip stresser
Pingback: sbo
Pingback: chiappa rhino 40ds
Pingback: แอพเงินด่วน
Pingback: Devops Services
Pingback: Buy Psychedelics Australia
Pingback: where can i buy white Heroin
Pingback: connetix
Pingback: faceless youtube niches
Pingback: microdosing psychedelics drugs
Pingback: ai nude