Reliance Jio’s subscriber base jumps to 481 million, 108 million using 5G

Reliance Jio, the leading telecommunications company in India, witnessed its subscriber base jump by 42.4 million to 481.8 million in the financial year 2023-24 (FY24), the company’s annual report revealed on Wednesday.

The report added that of the total user base, over 108 million subscribers have migrated to the 5G network, branded as Jio’s True5G. With the 5G network rollout, the company now commands 85 per cent share of the country’s 5G capacity, it said.