RIL (Jio) AGM 2024

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As per the annual report, Jio leads in fixed broadband connections, with nearly 12 million premises connected with JioFiber/JioAirFiber as of March 2024. In addition to the FTTH services, its 5G fixed broadband offering has been rolled out in about 5,900 town with “encouraging early signs of demand”.


Link to RIL Annual Report 2023-24: https://rilstaticasset.akamaized.ne...4-08/RIL-Integrated-Annual-Report-2023-24.pdf
 
As highlighted in the annual report, Jio’s share of India’s data traffic has surged to nearly 60%, solidifying its position as the most preferred broadband network. Notably, the Jio True5G network accounts for nearly 30% of Jio’s mobile data traffic, with all 5G data being carried on Jio’s proprietary 5G-4G combo core. Furthermore, Jio is the sole operator in India deploying 5G using standalone architecture, as stated in the report.

 
As per the annual report, Reliance Industries has reduced its workforce. The reduction in the workforce is due to the slowdown in revenue growth.

 
Reliance at every year jobs cuts in the company. It's their rule of the company to jobs cuts for who doesn't perform well since joining. The media just posting fake news about Jio. It's happened at every year but media just highlighted the matter after customers criticized for increasing tariffs and all other's business.
 
Jio spent least on dealer commissions, branding in FY24

 
Jio should have focussed on converting Jio postpaid services, when they are not able to deliver FTTH services.
 
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