Telcos are preparing for the country’s 5G spectrum auction, which is set to take place in June. All major players, including Jio, Airtel, and Vi, have tested their small 5G networks ahead of the auction. Jio said that it reached 5G throughput speeds of more than 1.5Gbps in field trials across eight states during this procedure.
On Friday, Jio announced its quarterly financial results while also revealing that it had undertaken extensive 5G field trials in eight states. M-MIMO, Macro, Outdoor, and Indoor Small Cell technologies were tested by the telcos. Jio achieved a peak user throughput of over 1.5Gbps in its 5G field trials. The results are hardly optimistic, given that Vi India attained peak 5G speeds of 3.7Gbps just last year.
In terms of quarterly performance, Jio recorded profits of ₹4,173 crore for March 2022, up roughly 25 percent from the same period last year. Despite this, the company is losing customers for the third quarter in a row. The primary reason for this is a tariff increase that went into effect in December of last year.
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According to Rohan Dhamija, head (India & Middle East) at Analysys Mason, “the combination of the tariff hike impact and higher data consumption boosted Jio’s ARPU, while the customer losses were triggered by the telco’s ongoing clean-up of low-value customers as the telco looks to grow its active user base.”
The increasing tariff cost associated with 5G could further impede its uptake. Analysts predict a minimum 20 percent increase above the present 4G tariff plans for a new 5G connection in 2022.