According to analysts, Reliance Jio's 5G-based fixed wireless access (FWA) service, Jio AirFiber, could generate annual revenues of $4 billion to $9 billion if it sees wide acceptance among 50 to 100 million homes. Jio has ambitious plans to connect 200 million homes with its FWA service, which uses airwaves instead of cables to provide fixed broadband access. India's low wireline broadband penetration presents a significant revenue growth opportunity for telcos via 5G-based FWA services.