Over half of telecom user base now has mobile broadband, thanks to Reliance Jio
Before Reliance Jio Infocomm Ltd came on the scene, only one-sixth of all active wireless subscribers had broadband connections on their mobile devices. In January 2019, or less than 30 months since Reliance Jio’s launch, over half of all active telecom subscribers were broadband users, shows data from the Telecom Regulatory Authority of India. Reliance Jio, of course, offered only broadband connections, forcing competitors to follow suit.
Lower tariffs have also resulted in growing adoption of smartphones. In absolute terms, the number of wireless broadband users has risen from 154 million in August 2016 to 521.8 million in January 2019.
In January itself, the industry added 21 million broadband subscribers, the highest in more than a year. Bharti Airtel Ltd led the growth, adding 10 million subscribers. Additions at Reliance Jio slowed from a high of 13 million in September 2018 to 9.3 million in January 2019, points out a report by Motilal Oswal Securities Ltd. Even so, Reliance Jio continues to hold the lion’s share (55.5%) of the wireless broadband market.