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For one, most major telecoms have folded beside airtel. Rest of them are shrinking or have merged. Jio is a short term gain over long term problems most likely
by thrwaway69 7y ago
For one, most major telecoms have folded beside airtel. Rest of them are shrinking or have merged.
Jio is a short term gain over long term problems most likely as they have started to creep up, internet speeds are once again abysmal, censorship and surveillance (why do jio apps collect so much data and need so many permissions?)
Jio is when you can cannibalize an entire industry in a few years just because you have money to give out for free until everyone switches. I think India is pretty great for this kind of plans as you can see, they are quick to switch and have no loyalty to anything. If you can kill out all the competitors before they can compete, you win.
Arguably, jio has improved many things and is a net positive so far but not for long enough. I won't claim anything on the specifics of government having connections with jio.
- Retric 7y agoIt’s a higher risk than you might think as new competitors can enter the market after they have lost their cash reserves and gained a bad reputation. That requires spectrum which might be an issue, but they are raising prices before their competition is bankrupt.
- thrwaway69 7y agoNot in the telecom industry where it's pretty hard without A LOT of money and political power even when jio started. They also had previous experience and size to pull it off. They aren't going to make it easier for new competitors now.