Reliance Jio Reports 10.9 Million Reduction in Customer Base in Last Quarter, While ARPU Rose

Reliance Jio Reports 10.9 Million Reduction in Customer Base in Last Quarter, While ARPU Rose

India’s largest telecom operator Reliance Jio on Friday posted an about 24 percent jump in standalone net profit at Rs. 4,173 crore for the fourth quarter ended March 2022, amid better realisation per user aided by tariff hike, better subscriber mix and FTTH services ramp-up. The standalone revenue from operations…