Reliance Jio has registered one more achievement under its name by providing the fastest 4G speed in first half of ongoing financial year. Reliance Jio has left Airtel, newly merged Vodafone and Idea and other market players. 

According to Telecom Regulatory Authority of India (Trai)'s latest data, Jio clocked 4G data speed of 14.7 Mbps, 19 Mbps, 22.3 Mbps, 19.9 Mbps, 22.3 Mbps and 20.6 Mbps during April, May, June, July, August and September, respectively.

Reliance Jio's 4G mobile data speed for the April-September period of FY19 stood at 19.8 Mbps, against Bharti’s 9.6 Mbps, Vodafone (6.7 Mbps) and Idea (6.5 Mbps), the data showed. 

Earlier, Reliance Jio Infocomm has reported a profit of Rs 681 crore for the second quarter ended September as compared to a loss Rs 271 crore in the year-ago period. The revenues for the second quarter stood at Rs 9,240 crore.

On a quarterly basis, profit rose 11.3% from Rs 612 crore in April-June, when operating revenue was Rs 8,109 crore.

About 37 million new customers were added during July-September this year, taking the company’s total customer base to 252.3 million. The average revenue per user (Arpu) fell to Rs 131.7 per subscriber per month during the quarter as compared to Rs 134.5 in the previous quarter. 

But its impact was mitigated by growth volume of new customers.

Data consumption stood at 771 crore GB, with 11 GB usage per month per user. Average voice consumption stood at 761 minutes per user per month. Video consumption drove most of the usage, increasing to 410 crore hours per month on the network and average video consumption of 17.5 hours per subscriber per month.

“We are glad with our progress towards our mission with more than 250 million subscribers on our network within 25 months of commencement of services,” RIL chairman Mukesh Ambani said.

And after telecom, parent firm Reliance Industries Ltd has set eyes on the broadband space. To bolster fibre rollout under Reliance Jio, the company announced it will buy majority stakes in Den Networks Ltd and Hathway Cable and Datacom Ltd for around Rs 5,230 crore.

The company has already announced the launch of Reliance Jio’s broadband service Jio GigaFiber.