Reliance Jio has left one major effect in the Telecom market,that is rather positive for the whole industry.The effect is the adoption of 4G devices in the space.Before the intrusion of Reliance Jio in the market,2G data plans were widely used by all consumers.
Also, the price of 3G data was too high in the market and the plans were too low for data consuming devices. The 3G dongles were widely used by working professionals and students who had no access to the broadband network. And telecoms brutally priced its data for 3G plans.
The 3G adoption was very slow in the market, due to devices support and due to heavy price of 3G plans, both in Mobile Industry and in Wireless dongles space.
Thanks to Reliance Jio for its lashing entry into these fields and the 3G market has been shaken and the new 4G market didn’t have a chance to loot its customer. Earlier to Jio, there were only couple of providers like Airtel, whereVodafone and Reliance NetConnect being involved in the market.
The carrier independent mobile broadband was manufactured by Huawei, ZTE, and D-Link. There was no development in these devices ago a couple of years. But now with the invading of the 4G network, these manufacturers of getting troubles.
Reliance Jio’s stand-alone JioFi devices have more features and stand out of the devices made by Huawei and ZTE.
In the past couple of months with JioFi 2 and JioFi 3 being launched into the market, the competitors are really facing a lot of heat in the market.JioFI market share has risen from 12 % to 77 % in the second half of the fiscal year.
The shipment of devices from Huawei, ZTE and i-Ball are facing serious troubles in the market.
Finally, io as disrupt yet another market.Well Done Jio.