5 Minutes Read

4G mobile subscriptions likely to reach 432 million in India by 2020, says CMR

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

Total mobile 4G subscriptions in India to rise to 432 million by 2020, Cyber Media Research (CMR) group said in a report published on Tuesday. Reliance Jio, with its affordable data services and new feature phone, “JioPhone”, has taken the market by surprise prompting merger talks between Idea and Vodafone to tackle the telecom giant. …

Total mobile 4G subscriptions in India to rise to 432 million by 2020, Cyber Media Research (CMR) group said in a report published on Tuesday.

Reliance Jio, with its affordable data services and new feature phone, “JioPhone”, has taken the market by surprise prompting merger talks between Idea and Vodafone to tackle the telecom giant.

However, CMR had a different view on the competition between Reliance Jio and incumbents, Bharti Airtel, Idea and Vodafone.

Jio’s entry into in the 4G market has forced the incumbents, to ramp up their technology, enabling them to increase their subscribers base at a rate of 457%. Jio’s subscribers base, although higher at 88 million, grew at a lower rate of 112% by the end of December 2017, the report said.

83 million out of the 238 million 4G subscribers at the end of December 2017, were from the rural regions of India, the report added.

CMR estimates, India to have 300 million 4G subscribers by the end of 2018, of which 58 million will be using a 4G Featurephone. Remaining 81% of the subscribers will be using 4G over a Smartphone.

“Though laggards, incumbents have managed to increase their 4G subscriber base 3.8 times more than the disruptor operator Jio during 2017.  This could be attributed to incumbents aligning their 4G offering to that of Jio in terms of price as well as content,” said Faisal Kawoosa, Head – New Initiatives, CMR.

In rural India, 26% of subscribers are using Jio 4G, while its competitors had a higher share of 53% at the end of 2017, the analysis showed.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

Next Article

Shanghai residents turn to NFTs to record COVID lockdown, combat censorship

LIVE TV

today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
Powered by
Are you a Crypto Head? It’s time to prove it!
10 Questions · 5 Minutes
Start Quiz Now
Win WRX (WazirX token) worth Rs. 1500.
Question 1 of 5

What coins do you think will be valuable over next 3 years?

Answer Anonymously

Should Elon Musk be able to buy Twitter?