Mukesh Ambani of Reliance Jio wants to connect next billion in India
Infrastructure and affordability barriers are being broken in India by Reliance Industries Chairman and Managing Director Mukesh Ambani and his initiatives, a new survey said on Friday. According to the survey by Booking Holdings, a growing affluence has lifted over a billion people out of poverty, creating a new middle class — in many countries for the first time — and driving a growth in consumer demand. Asked which factors were driving, or were likely to drive, increased internet adoption, the respondents highlighted pull factors like the increased availability of high-quality infrastructure, improved affordability and better public understanding of the internet as factors that would drive increased uptake.
Asked which factors were driving, or were likely to drive, increased internet adoption, the respondents highlighted pull factors like the increased availability of high-quality infrastructure, improved affordability and better public understanding of the internet as factors that would drive increased uptake.
“This ties in neatly with the infrastructure — as opposed to the human — barriers, the removal of which our respondents identified as being key to unleashing the potential of the Next Billion.
“With projects such as the $35 billion investment in 4G by Indian billionaire Mukesh Ambani, these barriers are quickly coming down in India,” the report emphasised.
As on March 31, the subscriber base of Reliance Jio stood at 306.7 million. The average data consumption per user per month was 10.9 GB and average voice consumption 823 minutes per user per month.
“We at Jio are truly overwhelmed and proud to now serve over 300 million subscribers. The growth in data and voice traffic at this scale has been unparalleled,” Mukesh Ambani said.
The average Jio customer data consumption per user per month was 10.9 GB and average voice consumption 823 minutes per user per month.
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For the survey, Booking Holdings surveyed tech experts and tech leaders in three markets — China, India and Indonesia. Nearly 74 per cent respondents in India said internet access is a basic necessity.
One of the most heartening and economically significant impacts of the expansion of connectivity in Asia was the corresponding improvement in the lives of women and girls.
Nearly 79 per cent of respondents said gender was not a barrier to internet adoption in their country.
“Nearly 86 per cent said that increased gender equality would drive adoption and 91 per cent said greater digital participation would also improve gender equality in their country,” the findings showed.
By large majorities, the respondents expected their countrymen and women to benefit from digital inclusion in ways that would help them become more educated and more prosperous — allowing the connected to rise up the social ladder.
“This aspirational edge to gathering digital transformation of all three countries reveals a growing individualistic and entrepreneurial culture that would not be out of place in Silicon Valley,” the survey noted.
According to Glenn Fogel, CEO, Booking Holdings, much of this explosion of commerce and entrepreneurship is due to the growing availability and ease of internet connectivity in Asia.
“In India, the e-commerce market is expected to quadruple in size between 2017 and 2022 to a value of $150 billion… Asians are going online to sell and to shop,” he said.
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How did the Rs 78,100-crore valuation gap of Reliance Jio Infocomm Ltd.’s fibre and tower assets increase by that much even though some of that infrastructure is yet under development?
Read more at: https://www.bloombergquint.com/bq-blue-exclusive/mukesh-ambani-reliance-jio-invit-valuation (premium article)
Jio adds 9.4 million customers in March, Airtel, Vodafone-Idea lose
: Reliance Jio has added 9.4 million customers while India’s teledensity has declined 1.82% to 90.11%, from 91.86% in March 2019 with active wireless subscribers reaching 1,021.75 million, the sector regulator in a finding Tuesday said.
Jio has added 9.4 million users in March to take its user base to 307.7 million, while Vodafone Idea and Bharti Airtel lost 14.5 million and 15.1 million customers, respectively, to take their subscriber bases to 394.8 million and 325.2 million during the same period, the Telecom Regulatory Authority of India (Trai) said.
Bharti Airtel had 27.99% subscriber market share, Vodafone Idea 33.98% and Jio had 26.40% market share as of March 2019.
Vodafone Idea’s active use base, or VLR, was 93.27% of its overall subscribers, while Reliance Jio was at 84.04%. The finding revealed that Bharti Airtel has the maximum proportion – of 100.82% – of active wireless subscribers in the month of March 2019.
In the broadband segment, Vodafone Idea had 19.57%, Bharti Airtel 20.35% and Reliance Jio had 54.45% market share as of March this year.
The monthly decline rates of urban and rural subscription stood at 0.90% and 2.98% respectively in March 2019, according to Trai.
The regulator added that in March, 5.30 million subscribers submitted their requests for Mobile Number Portability (MNP), and the cumulative porting requests have increased from 423.11 million in February to 428.40 million at the end of March 2019.
https://telecom.economictimes.indiatimes.com/news/jios-adds-9-4-million-customers-in-march-airtel-vodafone-idea-lose-trai/69430347
Reliance Jio is installing jio tower all over India.
Thanks for this very informative article on Jio.
Three years into existence, Reliance Jio becomes India’s largest telecom operator by subscriber base
Reliance Jio, the newest entrant in the Indian telecom market, has now become the largest telecom operator in the country in terms of both subscriber base as well as revenue share. This is quite impressive given that the company started operations just three years ago.
As per the data released by Telecom Regulatory Authority of India (TRAI), Jio added 5.6 million new subscribers in November 2019, surpassing all other telecom players. With this, the company’s total user base has now reached to 369.93 million. There however, was a decline in subscriber base growth.
The company has now replaced Vodafone Idea as the India’s largest mobile services provider by subscribers. Jio is now holding 32.04 percent market share, which has increased compared to 30.79 percent share at the end of October.
In November 2019, Vodafone Idea lost 36.41 million subscribers and is left with a market share of 29.12 percent. On the other hand, Bharti Airtel has added 1.65 million new subscribers, taking its total to 327.3 million in the same month. It held a 28.35 percent market share following the increase in its wireless subscriber base.
It’s noteworthy that despite the increase in the number of subscribers by Jio and Airtel, the telecom sector lost 28.81 million users, the biggest decline witnessed by this industry since April 2018.
Since Jio entered the market, the telecom industry in India witnessed shrinking revenue streams, bankruptcy and, finally, consolidation. But, the last three years have been monumental as 4G coverage soared and became a catalyst for the growth of mobile data and new applications and services.
Entry on Jio led to an unprecedented rise in mobile data consumption, with an average user consuming 11 GB of data per month. Many companies either shut shop or were acquired by bigger companies. Thus, the market now witnessed a three-way tussle between Airtel, Vodafone Idea and Jio.