Indian Economy News

Jio surpasses China Mobile to become the world's top data traffic operator

  • IBEF
  • April 25, 2024

Reliance Jio has emerged as the world's largest mobile operator in data traffic consumption, surpassing China Mobile, with its total traffic reaching 40.9 exabytes in the January-March quarter, compared to China Mobile's 38 exabytes, according to global analytics firm Tefficient. Additionally, Jio boasts the second-largest 5G subscriber base globally, comprising 108 million users, with over 28% of its total wireless data traffic consumed by 5G users.

The company attributes its robust performance to including JioBharat phone users and the popularity of its unlimited 5G promotional plans, which have impacted its average revenue per user (ARPU). Analysts anticipate that Jio's rapid user additions and market share gains will lead to enhanced revenue conversion in the near term, particularly post-general elections when tariffs are expected to rise. Despite these achievements, Jio's ARPU has remained stagnant at US$ 2.18 (Rs. 182), as it has yet to monetize 5G, with the addition of low-value JioBharat phone users and promotional unlimited 5G plans continuing to affect its ARPU.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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