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by karambir
2235 days ago
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Mobile broadband is witnessing intense competition in grabbing customers as millions of rural Indians are coming online. This started with a Petro-chemical billionaire starting Jio Network and giving free unlimited 4G data for a year(his company has 300million subscribers now). Already 4 networks have exited the market and 3rd & 4th largest networks(Vodafone and Idea) have combined due to cash crunch. Airtel(earlier largest) has been raising outside money in hopes that it can survive the low prices. So there are only 4 networks remaining. Only recently they started increasing prices. That billionaire is also going into Fibre(purchased his bankrupt bother company's infrastructure), maybe we'll see that competition extend to DC and interconnects. |
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