In its presentation of financial results for the quarter ended December 2022, Reliance Jio announced that it has captured 50 per cent of the market share in terms of overall broadband. The operator’s fibre-to-the-home (FTTH) services, JioFiber, continues to lead the industry in terms of net subscriber additions.
According to Kiran Thomas, president, Reliance Industries Limited, the quality of subscribers is improving on a day-by-day basis, with a much high mix of postpaid customers coming on board in addition to the adoption of Jio’s set-top-box (STB). He added that Jio has introduced a partnered model to help increase penetration in small and medium sized markets under which the telco is working with local cable operators and other partners. Jio STB showed daily engagement by consumers of more than six hours and the telco has observed two times growth in data traffic on its home broadband service.
While the company did not give details about the timeline of launch, Thomas said that Jio fixed wireless access (FWA) device JioAirFiber is expected to add to the growth of its home broadband business. JioAirFiber will provide the same services as JioFiber, including cloud PC, home surveillance, smart home, and internet of things connectivity, in addition to WiFi 6 coverage.
