Now, Reliance Jio set to disrupt wired broadband space too
Reliance Jio, the telecom arm of Reliance Industries, had announced the launch of its broadband service Jio Giga Fiber across 1,100 cities, the registrations for which started in August this year. The target is to reach 50 million homes.Though analysts expect the wireline broadband market to be around $2 billion, which is small compared to the mobile market at around $22 billion, the future of the industry lies in fibre broadband that will multiply the data speeds and capacity manifold.
Reliance Jio, had announced the launch of its broadband service Jio Giga Fiber across 1,100 cities, Image source: Zee Business