Jio looking at $4-to-9 bln annual revenue opportunity if FWA widely accepted: Analysts

Kolkata: Reliance Jio’s 5G-based fixed wireless access (FWA) service – Jio AirFiber – could create a whopping $4-to-9 billion annual revenue opportunity if it sees wide acceptance of around 50-to-100 million homes, say analysts.

They added that the current pricing of Jio AirFiber is not disruptive versus competition as rival Bharti Airtel’s comparable 100 Mbps 5G-FWA offering is at a 12% discount, albeit without digital channels and OTT apps. While Airtel’s FWA service is at a 33% premium to Jio AirFiber’s base plan of Rs 599 a month, it offers faster speeds of 100 Mbps compared to 30 Mbps on Jio’s.