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Ambani also emphasized Jio's role in driving the digital transformation in India, from upgrading 2G users to smartphones to leading the effort in producing AI-driven solutions.
Consolidated annual revenue crosses Rs 10 lakh crore mark
Reliance Industries Limited (RIL) has reported a strong performance in the fourth quarter of the financial year, with a net profit of Rs 21,243 crore.
Ambani said performance of the digital services segment has been boosted by accelerated expansion of subscriber base, supported by both mobility and fixed wireless services.
Get latest articles and stories on Business at LatestLY. As of March 2024, Jio boasts a massive subscriber base of 481.8 million, out of which 108 million subscribers are on Jio's True5G Standalone network. The number reflects Jio's stronghold in the Indian telecom market. Business News | Reliance Jio Emerges as World's Largest Mobile Operator in Data Traffic, Surpassing China Mobile.