Page 30 - SAMENA ELITE - Apr-June 2024

INDUSTRY UPDATES
30 APRIL-JUNE 2024

5G FWA Growth on Track: ABI

ABI Research predicted fixed wireless advancements in the 5G FWA sector He noted Reliance Jio has committed
access (FWA) subscriptions are on a that improve bandwidth utilisation to achieve 100 million 5G FWA-
path to reach almost 265 million by and reduce network congestion on connected premises in India as
2029, with 5G-based services slated 5G CPEs as factors for increased further proof of FWA’s progress.
to account for 45 per cent of that adoption.
total.

The research firm stated the growth
in subscriptions will be marked by a 14
per cent CAGR from 2023 to 2029 due
to FWA services expanding globally
across both densely populated and
remote areas.

Larbi Belkhit, 5G, 6G, and Open RAN
research analyst for ABI, noted “the
performance and efficiency of FWA
technology remain a key driver in
bridging the connectivity divide,
providing high-speed, reliable internet
access in both the enterprise and
consumer markets”.

5G FWA subscriptions are forecast to
reach 118 million by 2029 at a CAGR of
35 per cent.
Belkhit highlighted technology

Jio bottom-line Improves on 5G, FWA Subscriber Growth

Jio Platforms booked profit and digital services business”. ited data allowances for new 5G
revenue gains in its fiscal Q3 2024 users.
(ending 31 December 2023), with 5G Net profit grew 11.6 per cent year-on-
subscribers topping 90 million and the year to INR54.5 billion ($654.5 mil- Jio did not offer an update on a target
network carrying nearly 25 per cent of lion), with revenue up 11.4 per cent to of deploying nearly 1 million base sta-
its mobile data traffic. INR325.1 billion. tions by December 2023, but Ambani
said every “city, town and village…is
Mukesh Ambani, chair and MD of It added 11.1 million 5G subscribers: now equipped with high-speed digital
Jio’s parent Reliance Industries, cited the figure hit 50 million in August connectivity, which will usher in a new
uptake of low-cost JioBharat hand- 2023 Jio’s total mobile subscriber era of unparalleled digital accessibil-
sets and fixed wireless access (FWA) base increased by 38 million to 470.9 ity and technology-led growth”.
service JioAirFiber as drivers of sub- million.
scriber growth. Its JioAirFiber service is available in
ARPU rose 2 per cent to INR181.70, 4,000 cities and towns, with nation-
He noted the increases contributed with the company noting the rate of wide coverage expected by end-
to “the stellar growth numbers of the growth slowed due to offering unlim- June.

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