How Reliance Jio Disrupted Indian Telecom Market?
Mukesh Ambani had invested Rs.1,50,000 crores in Reliance Jio, which is probably highest investment for any start-up.
On 5 September 2016, Reliance Jio rolled out its mobile services in India, within 83 days it had over 50 million subscribers.
Reliance Jio was the first company in India that has implemented e-KYC and biometric verification for instant SIM activation.
Reliance Jio has installed over 130,000 telecom towers that enabled to expand its network to even remote places in India.
In 2016, Reliance Jio added 7 customers every second to reach a milestone of 100 million subscribers in just 170 days.
With launch of Reliance Jio, India jumped to number 1 spot from 155 earlier, in terms of mobile data consumption per user.
By December 2021, Reliance Jio active subscriber base was around 406 million, making it largest telecom provider in India.
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