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Friday, November 1, 2024

Mukesh Ambani Reaches New Milestone

Reliance Jio, founded by Mukesh Ambani, has secured its position as the world leader in mobile data traffic for the third straight quarter, marking another significant milestone.

According to data supplied by telecom consulting and research firm Tefficient, Reliance Jio had a 24% year-on-year (YoY) increase, beating its nearest opponent China Telecom and other worldwide rivals.

According to Tefficient, Jio saw 24 percent growth in neck-and-neck competition with China Telecom, who also witnessed a similar growth trajectory, followed by Bharti Airtel at 23 percent. Conversely, China Mobile registered a modest 2 percent YoY growth amid a significant slowdown in mobile data traffic growth in 2024, allowing Reliance Jio to be crowned as the world’s largest mobile data carrier, showed the data released by Tefficient on Wednesday.

Reliance Jio has seen a significant shift in its 5G network, with over 148 million subscribers migrated to its network, accounting for over 34% of its wireless data traffic. This rapid adoption of 5G services has led to the largest 5G user community of any telecom operator outside China. In Q2 2025, Jio’s total data traffic reached approximately 45 exabytes, boosted by a higher mix of 5G and home users.

The telecom giant has also become the fastest-growing fixed wireless operator globally, with over 2.8 million AirFiber connections. The aggressive rollout of 5G services and swift migration of subscribers have been instrumental in Jio’s sustained growth.

As 5G technology becomes more widespread, Jio’s focus on enhancing network infrastructure and expanding its user base positions it well for continued leadership in global mobile data traffic.

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Source: India News

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