The above graph represents the number of Reliance Jio subscribers, from the fiscal Q1 2016-17 to Q1 2019-20. Reliance Jio has 331.3 million subscribers as of fiscal Q1 2020, ended on 30 June 2019. The company added 116 million new subscribers during the past twelve months, which is the highest in the industry by a substantial margin. With 27.8% market share, Reliance Jio is the second-largest telecom provider in India as of May 2019, trailing behind Vodafone Idea.
|Source||Reliance Industries Limited|
|Last Updated||October 2019|
|Note||Reliance Jio Fiscal Year – April 1 – March 31|
It is important to note that Reliance Jio continues to remain the world’s fastest-growing digital service company, with subscriber base crossed the 340 million mark in August 2019. Jio is also emerged as India’s largest telecom enterprise in terms of subscribers, revenues and profits.
Within just 2 years of the public launch, in fiscal Q1 2019, Reliance Jio subscribers count crossed 200 million, putting Reliance Jio ahead of BSNL in terms of market share.
With each passing quarter, Reliance Jio is adding about 30-35 million new subscribers to its total user base, constantly challenging the dominance of Airtel and Vodafone (Now Vodafone Idea).
Reliance Jio Subscribers: The Unparalleled Growth
The unparalleled growth of Jio is largely driven by the jaw-dropping mobile tariffs, which has redefined the mobile telecom industry in India. Taking the consumer-first approach, Reliance Jio offers unlimited calls to customers, albeit restricting high-speed data usage.
Reliance Jio Infocomm Limited (RJIL) is the telecom arm of Reliance Industries (RIL). On the eve of 27 September 2015 (83rd birth anniversary of Reliance Industries founder, Dhirubhai Ambani), his son Mukesh Ambani launched the Jio service but for only Reliance employees. Later on 5 September 2016, it became publicly available.
During its first fiscal quarter of 2016-17 (ended on June 2016), Reliance Jio had roped in 1.5 million subscribers in its test phase which offered free calls and data. Surprisingly, in just 3 months, net subscriber addition for the company was 14.5 million, making the total number of Reliance Jio subscribers in India to 16 million.
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