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Jio aims to achieve pan-India coverage for AirFiber in the first half of 2024. Rival Bharti Airtel, too, plans to expand its wireless high-speed broadband services beyond 25 cities
The move also aims to increase data consumption on its network, which will help increase average revenue per user (ARPU). Airtel, which had an ARPU of Rs 208 in the third quarter, aims to increase it to Rs 300.
New figures show telco revenue is declining just as capex reaches a record high.
The immense benefits of 5G cannot be realized without commensurate investments in new data platforms and architectures.
In recent years, China witnessed the rise of a new, prominent competitor in the cashless industry and that is Southeast Asia.