? Cool Title, but what’s the news?
Reliance Jio’s recently announced broadband offering will impact multiple system operators (MSOs) and direct to home (DTH) players, but will benefit content providers, a report by India Ratings said today.
? Okay, but what does it mean?
Ever since the launch of Jio, Reliance has been disrupting the data space in India. Jio Fiber was under a private testing phase for a long while now, and once it launches, it has the potential to tap over 5 crore broadband subscribers in the country.
That’s a potential market space of Rs 30,000-36,000 crore, assuming the current monthly broadband tariff of Rs 500-600 per household.
? Why should I care?
Because your choice matters.
You as a consumer now have the choice to yet again be part of a data revolution in the country, just like the one that came a few years back with Jio SIMs. This time around though, the competition is not only in the urban space, but in the entire country. Internet access is already a growing right in the country, and your choice in this matter could well define the future of cheap internet in India.
Source: Financial Express