Jio 📱 Will Pressure😓 Small👶🏻 Competitors

  |   India News

By Fråst🐺

Analysts👓 predict that Reliance Jio will lead the charge into 4G📡, & its subscribers are expected to increase from 4% to 20% by 2022. Low-cost 4G 📱phones will lead he growth as the data prices for 4G are expected to fall📉. The 🏦Bank of America Merrill Lynch predicts that Jio could take on 22% of 🇮🇳India’s 47 million 4G subscribers by 2016-17, & up to📈 32% of the total 264 million subscriber base by 2021-22. Airtel is expected to fall📉 by 24% by 2022. Vodafone🔴 should be stable at 21%, & Idea at 18%. The entry of Jio will put a lot of pressure😓 on smaller competitors like Aircel, RCOM, Tata DoCoMo, Telenor. It is believed that high-end customers😎 won’t switch to Jio too soon, however.

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