Reliance Jio is speeding up its 5G plan by growing its fixed wireless access (FWA) service, Jio AirFiber. This bold move aims to make Jio a leader in the telecom field. The company also prepares for a big IPO, which is likely to happen by the end of 2025.
Changing homes with Jio AirFiber
Jio has big goals to get one million AirFiber users in just 30 days. They want to give smooth connection and better data use. The firm is working hard to grow its reach and make it easy for new users to sign up. This has helped Jio link over a million homes each month. By September 2024, Jio had 2.8 million AirFiber users, with experts saying 1.9 million more could join by the end of December.
More money and strong growth
Jio AirFiber is changing how the firm makes money. With an ARPU of ₹650–700 a month, it makes more than three times the ₹195 ARPU from its mobile plans. This makes AirFiber key for Jio’s 5G profit, even with some waits due to the firm’s big spending on 5G tech and tools.
Jio has added better mobile broadband plans to lift ARPU. But experts think that AirFiber’s high-ARPU users will be key in speeding up 5G profits. This change is likely to greatly improve Jio’s finances soon.
Getting ready for a large IPO
As Jio grows its 5G work, its money look is getting a lot of eyes. Global firm CLSA thinks Jio’s operating income (EBITDA) will rise by 40% to ₹87,600 crore by FY27. This rise will come from ARPU growth and more users. By FY27, Jio’s ARPU might hit ₹230.
Sanford C Bernstein sees Jio Platforms Ltd (JPL), which holds Reliance’s telecom and digital plans, worth $98 billion. With this value, Jio’s IPO could be the largest in India, bringing in over ₹42,000 crore. Right now, Reliance Industries has a 66.5% share in JPL, with key backers like Meta and Google holding 17.7%, and private equity firms owning 16%.
Leading India’s digital future
Jio’s strong move into 5G and the wide use of AirFiber makes the company a leader in the market before its IPO. With a forecast of 17% yearly revenue growth over the next three years, Jio is not just changing how we connect—it’s reshaping the digital future of India.
