Jio Fiber to expand broadband market, will help Airtel: Fitch

New Delhi: The pricing scale and style of Reliance Jio’s fiber-to-the-home (FTTH) services, Jio Fiber, will expand the market and increase the scope for all operators to grow, including Airtel, since the home broadband penetration in India is well below 10 per cent, according to analysts.

“We believe that Jio’s FTTH ₹700 price point is comparable to Bharti’s broadband average revenue per user (ARPU) of ₹825. Jio’s launch is going to expand the home broadband market which will be beneficial for Bharti as well. Home broadband penetration is well below 10 per cent in India where addressable homes are around 240-250 million”, Fitch Ratings Director Nitin Soni told IANS.

Soni did not specifically say Jio would prevail over other players and stand-alone operators in the FTTH segment.