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India's Reliance Jio snags 72.4 million 4G LTE subscribers in just 4 months

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Alvaro Okajima
Jan 17, 2017 17:29

The telecom operator owned by India s richest man continues to win over half-a-million subscribers each day.

The 4G LTE-only Reliance Jio from India s largest industrial house Reliance Industries Limited RIL has revealed it has over 72.4 million subscribers on its network.

The feat comes just four months after the service was launched to the public.

The company said it is seeing over 600,000 subscribers join its network every day, at a pace that it claims surpasses the likes of Facebook, WhatsApp and Skype.

Though the milestone falls short of company s own expectations RIL s Mukesh Ambani had hoped to see 100 million subscribers by the end of 2016 , Reliance Jio s ability to get 72 million subscribers will worry incumbent players.

India's oldest private carrier, Airtel, has 260 million subscribers, for instance.

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Alvaro Okajima
Jan 17, 2017 17:29
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