Jio is World number 1..Reliance Diwali Dhamaka

Mumbai, Oct 13:  Reliance Jio, the wholly-owned subsidiary of Reliance Industries Limited (RIL), posted standalone revenue from operations of Rs 6,147 crore for the second quarter (July-September) of 2017-18, the company said here on Friday.

The subscriber base of the company as on September 30, 2017 stood at 138.6 million. Net subscriber addition during the quarter was at 15.3 million.

Total wireless data traffic during the quarter was at 378 crore GB and average voice traffic during the quarter at 267 crore minutes per day, the statement said.

"The world is transforming, turning digital and India is not going to be left behind. India is ready to go digital, move from voice to data and Jio is creating the foundation of data for the next generation business. The rapid uptake of Jio services reflects the latent need of the society," said Mukesh D. Ambani, Chairman and Managing Director, RIL.

"We are confident that Jio will bring significant benefits to the Indian economy and the Indian customers and will take India to a much higher pedestal. We are focussed on providing multi-layered digital services on top of the basic connectivity service to optimally utilise our world class infrastructure," he added.

"The strong financial results of Jio demonstrates the robust business model of Jio and the significant efficiencies that the company has built through its investment in the latest 4G technology and right business strategy. As always, the group has demonstrated excellence in execution, vision and commercial acumen," he said.

While explaining the result, RIL Chief Financial Officer Alok Agarwal said Jio represents world's largest and fastest growing mobile data network and has very large marketshare among smartphone users.




Don’t Miss

Sidhu apologises to Manmohan for past remarks
Congress plenary authorises Rahul to constitute CWC
Shocking..Cheating mafia created 600 Munnabhais in UP
Zabrdast..Rekha writes emotional letter to Amitabh Bachchan's bahu, don't miss
Baby Donald Trump is setting internet on fire..In PICS
Congress blows the bugle: Will go for coalition in 2019
HURRY: Now buy Samsung Galaxy S9, S9 Plus in just Rs 9900
Will break walls between Congress workers, leaders: Rahul
Karthik stars as India beat Bangladesh in Nidahas Trophy final
#Breaking: India pulls off a thriller, clinches T20 series
Rahul's speech 'rhetoric of loser': BJP hits back
Vidarbha clinch Irani Cup title for 1st time
Read: What happened to Demonetised Rs 1000, Rs 500 currency notes!
Exam paper pops question on Virat Kohli
Shashi Kapoor's three children: Know where they are now
Messi makes a shocking confession
Sunil Grover says this to Kapil Sharma for his upcoming show
BJP, RSS like Kauravas, designed to fight for power: Rahul
Three AIIMS doctors killed on Yamuna Expressway
Big chance to secure these Govt jobs; Salary is Rs 50,500
This Goddess is worshiped on the first day of Navratri
Economy in hands of ignorant, incompetent policy makers: Congress
Voting underway in Russia's presidential election
Demonetization was a greatest lie: Chidambaram
Try these tips to deck up in the best outfits this Navratri
Manmohan says Modi resorting to 'jumla' over farm income
Jammu govt doctor sacked over Facebook post
Modi pursuing personalised foreign policy bereft of direction: Congress
542 JOBS for junior executive officers; Monthly income Rs 1,40,000
Watch: BJP red faced as Katiyar says Ram Temple needs one more sacrifice

Most Recent

Most Popular