(LiveMint)
Mukesh Ambani-led Reliance Jio is aiming to cover 99% of the country’s population by this Diwali, said a top company official. As part of its expansion plans, Jio has announced the roll-out of Internet of Things (IoT) services in association with Samsung, which will help consumers and enterprises.
“We are deploying around 8,000 to 10,000 towers every month,” said Reliance Jio Infocomm president Jyotindra Thacker. He is hopeful that by September or October (Diwali), the company would reach a coverage of 99%. At present, the company has a subscriber base of 160 million paid customers.
Reliance Jio senior vice-president technology Tareq Amin said: “We talked about acquiring 100 million customers in 170 days last year, which was unprecedented. People really doubted our ability to convert from free to paid customers. Not only have we converted that, we have largest migration of free to paid services in history. Our network today has 160 million paid subscribers in less than 16 months of operation.”