The number of wired broadband users of Reliance Jio Infocomm Ltd. dropped for the first time since the launch of its Jio Fiber service, according to the latest report by Telecom Regulatory Authority of India (TRAI).
According to the reports, Jio Fiber lost 20,000 subscribers in January whereas its largest private-sector competitor, Airtel, added 10,000 subscribers every month since November. 31st, Jio Fiber is the fifth-largest wired broadband provider in the country with 8.4 lakh (840,000) subscribers, As of January, down from 8.6 lakh (860,000) in November, 2019.
Hathway, owned by Reliance Jio after a formidable acquisition in 2018, was the fourth-largest wired ISP with 920,000 (9.2 lakh) customers on the finish of January.
It’s attention-grabbing that Jio Fiber has registered a drop in subscriber numbers whilst a few of its largest rivals are mopping up new customers each month. Reliance launched the service following a protracted interval of testing, however, dissatisfied would-be subscribers with the pricing that many had been anticipating to be as disruptive as its cellular choices.
As it turned out, Jio Fiber costs had been solely barely decreased than trade requirements, beginning at Rs. 699 for a 100Mbps ‘unlimited’ reference to a 100GB FUP.
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