JioBharat telephones seize 50 per cent of sub-₹1,000 phase: Reliance annual report

Based on Reliance Industries’ annual report for the 2023-24 monetary yr, JioBharat telephones seize 50 per cent of the marketshare within the sub-₹1,000 phase. 

This comes practically one yr after the launch of the JioBharat telephones that goal to deliver 4G capabilities to the characteristic telephone market.

A number of iterations

Reliance has been launching a number of iterations of the “Jio Cellphone” through the years. Earlier than refocusing their efforts on the JioBharat telephones specializing in the characteristic telephone phase, Jio had tried to interrupt into the reasonably priced smartphone class with the launch of the JioPhone Subsequent, which noticed restricted success.

JioBharat telephones went again to the characteristic telephone phase, launching 4G-enabled telephones with lite Jio apps. Final week, Jio launched sure OTT apps as a pay as you go characteristic to their telephones. JioBharat companions with indigenous telephone producers to make these telephones as a part of their ‘Make in India’ endeavours. 

The report additional famous that in FY24 Jio was granted 144 patents, throughout domains of 6G, 5G, AI-LLM, AI-Deep Studying, Huge Knowledge, Units and web of Issues. With this, the cumulative depend of patents granted until March 31, 2024, is 331.

In FY24, Jio’s subscriber base shot as much as 481.8 million. Based on the annual report, 108 million subscribers have already migrated to Jio’s True5G community. 

Jio additionally added that growing 5G connectivity has led to the rise in information site visitors. “Rising mixture of 5G and glued broadband, and better buyer engagement have led to a 31 per cent year-on-year enhance in general information site visitors to about 149 exabytes throughout FY24,” the report mentioned. 



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