Mukesh Ambani to Get Investors in Jio and its Fiber and Tower Subsidiaries

Reliance Jio became second largest telecom operator in India by the end of April, 2019 beating Airtel, that's nearly 2.5 years after Jio have launched services. While Vodafone Idea achieved 300 million customers after the merger, Airtel crossed that mark in its 19th years of operations. 

Currently Jio has 30.6 crores of subscribers, while first boy Vodafone Idea stands at 40.9 cr and Airtel stands at 28.4 cr. It should be noted that Airtel was market leader for nearly 15 years until Vodafone and Idea merged their business in August 2018 to become new top. 

Back in August 2018, Jio surpassed Vodafone India to stand second as per Revenue Market Share (RMS), while Airtel remained first. Analysts expect Airtel's top spot may be snatched by Jio as early as within next 2 quarters. Jio may also topple Vodafone Idea's top position as largest customer base in less than a year. Reliance Jio is making a profit in its operations and boasts of highest adjusted gross revenue (AGR) in access services amongst all telecom companies 

There are few more advances inside Jio. 

#JioGigaFiber : Unrealistic Target, Tie up with Netflix or Own Contents

After disrupting mobile space with Jio, Mukesh Ambani targets DTH and Cable TV business with its fiber to home services (Jio Giga Fiber @ 1Gigabits per second) - with a target of 50 million subscribers in 1100 cities to achieve in two years. 

Jio Giga Fiber will provide  ultra high definition entertainment on TV, voice activated assistance, virtual reality gaming and digital shopping as well as smart home solutions on its state of art optic fiber network. Registration for Jio Giga Fiber will start from August 15, 2018. 

But but and but... 

Analysts believe that Jio's target to reach 50 million households with FTTH is an unrealistic target. The main reason is Indians prefer wireless internet on smartphone over fixed line broadband as the entry cost to FTTH is high plus they need to buy equipments of higher cost. But as Jio did for 4G with JioPhone, many believe that Jio may offer FTTH devices or CPE (customer premises equipment) at a nominal cost. Still you need to buy a smart TV costing nearly INR 20-40K minimum to unlock all features of Jio Fiber.