Wired high-speed broadband internet is expected to boost Reliance Jio’s earnings by Rs4,000 crore. Reliance Jio has already initiated beta trials for its wired broadband service across a few locations in the country. The low penetration of wired internet services is another factor that could boost Jio’s efforts. According to Telecom Regulatory of India (Trai) data, as on 31 December, India had only 21.28 million wired internet subscribers, compared with 424.67 million wireless internet subscribers. Jio’s rival Airtel provides high-speed wired broadband up to 100 mbps to 2.1 million users across 89 cities in India.

Source: Mint April 15, 2018 23:03 UTC