Reliance Jio's annual report reveals 50% JioBharat phone market share and 85% share of India's 5G capacity in FY24.

Reliance Jio's annual report for FY24 reveals that JioBharat phones hold a 50% market share in the sub-₹1,000 ($13) phone segment, offering 4G capabilities. Jio's subscriber base grew to 481.8 million, with 108 million users migrating to its True5G network. Jio now commands 85% share of India's 5G capacity and 60% of the country's data traffic. The company also filed for 1,255 patents and was granted 144 patents in FY24 in areas like 6G, 5G, AI, and IoT.

August 07, 2024
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