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Reliance Jio Crosses 524 Million Users As Mukesh Ambani Announces IPO Filing, Satellite Broadband Push At 49th AGM
24htopnews | June 20, 2026 7:08 PM CST

Reliance Jio crossed 524 million users, becoming India’s largest telecom operator, Mukesh Ambani said at the AGM. 5G subscribers reached 268 million, while JioAirFiber connected 13 million homes. The company reported record revenue, EBITDA and profit, and outlined plans for IPO filing, 5G expansion, AI integration, satellite connectivity and digital services growth across India ecosystem.

Reliance Jio has crossed 524 million users, cementing its position as India's largest telecom operator, chairman Mukesh Ambani announced in his shareholder letter at the company's Annual General Meeting today. This was announced alongside a sweeping set of new commitments spanning IPO filing, 5G, satellite internet, and AI.

Subscriber numbers headline a blockbuster year

A decade after Jio's launch, the operator's scale has reached levels Ambani himself called 'extraordinary.' Beyond the 524 million overall user base, Jio's 5G subscriber count has crossed 268 million, the largest for any single-country operator outside China, with 77 million net additions over the past year alone.

The company's home broadband arm, JioAirFiber, has also continued its rapid expansion. Having already become the world's largest fixed wireless broadband operator, JioAirFiber now connects 13 million homes across the country. Total data traffic on Jio's network hit 241 exabytes in FY26, up 30.8 percent year-on-year, placing the company among the largest data carriers globally.


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