Join 91mobiles WhatsApp Channel
Jio Air Fiber services are confirmed to launch soon but no specific timeline is mentioned.
The top executive further added that the company plans to bring this service with 5G and it'll be available to the majority of people. Furthermore, Jio plans to expand Jio Fiber and Air Fiber services to 100 million houses in the coming 2 to 3 years. Thomas says that he believes that Air Fiber services will increase the home broadband base due to the advantage of the 5G network.
The leading telecom operator has verified the radio frequency planning, installation process and service stability through pilot projects in a few areas. This is a clear indication to suggest that Jio will soon make announcements regarding the launch of the Air Fiber services. Air Fiber services are claimed to offer capacity, speed, and proper indoor coverage through differentiated spectrum holding. Jio mentioned that it can offer Wi-Fi coverage of up to 1000 square feet via its Home Gateway.
Separately, Jio has managed to increase its profit by 13 percent to Rs 4,176 crores by the March end. This is the smallest growth in profits due to investments made in 5G services and the telecom hasn't increased the tariffs. The profit was Rs 4,173 crore in the Q4 of the last financial year. On the other hand, the company has increased its average revenue per user to Rs 178.8 from Rs 167.6 in March 2022.
Besides this, the company has announced its users have consumed over 10 exabytes of GB of data in a month. The report mentioned that an average user is consuming 23.1GB of data every month. This is 10GB extra or more in the last two years. Jio said that it added more than 3,50,000 5G cells all over the country.