Akash Ambani Highlights Jio’s 10-Year Growth, 533 Million Customers

New Delhi, Jio Platforms has established itself as a major force in India’s digital connectivity sector, expanding its reach while developing technology-driven services. Speaking at a Jio event, Akash Ambani highlighted the company’s achievements over the past decade, including its growing customer base, financial performance and expansion in 5G. He also outlined Jio’s vision of contributing to India’s digital transformation by making connectivity and digital services increasingly accessible. Speaking about the company’s vision, Akash Ambani said, “What we have been inspired by is our Prime Minister's Digital India, Make in India and Viksit Bharat 2047.” He explained that Jio Platforms Limited aims to be a capable partner in establishing India as a leading digital society. He noted that while the company began its journey with connectivity, its focus has expanded to developing products and services that improve customers’ everyday lives. Ambani emphasised that customers remain at the centre of Jio’s business strategy and its growth over the past ten years. Highlighting Jio’s expansion, Ambani said the company had earned the trust of 53 crore Indians as their digital connectivity provider. According to figures presented at the event, Jio had 533.3 million customers as of June 30, 2026. The company reported an EBITDA of ₹76,255 crore in FY26, with an EBITDA compound annual growth rate of 17.8% between FY24 and FY26. Its EBITDA margin stood at 53.3% in the first quarter of FY27. Ambani stressed that Jio’s approach combines delivering value to Indian customers with maintaining a financially strong business. Ambani highlighted Jio’s contribution to India’s digital ecosystem, noting that its network carried approximately 60% of the country’s wireless data traffic in FY25. He said the scale of its network gives the company a strong understanding of Indian customers and their needs. Discussing its 5G journey, he noted that Jio began rolling out the service three years ago and has since built the largest 5G customer base outside China. The company reported approximately 285 million 5G customers as of June 30, 2026, while average monthly data consumption per customer reached 43.7 GB in Q1 FY27. Jio’s achievements over the past ten years reflect its expanding customer base, strong financial performance and growing role in India’s digital landscape. With its extensive connectivity network and expanding 5G services, the company aims to develop further solutions that enhance the daily lives of its customers. Ambani’s address underscored Jio’s commitment to combining technological progress with customer-focused services while contributing to India’s broader digital ambitions.