Jio Entry uses enhanced data in telecom sector, saving customers money

Jio Entry uses enhanced data in telecom sector, saving customers money

 New Delhi  The usage of data from Reliance Jio in telecom services is increasing rapidly. Within six months of the entry, the usage of data in the country increased from 20 million GB to more than one billion GB per month. According to a report, due to the reduction of data prices after the entry of Geo, the savings to customers can reach up to 10 billion dollars (65 thousand crore).

Geo entered the telecom market in the country in September 2016, creating turmoil. According to a report by the Institute for Competitiveness (IFC), after the entry of Geo, the average cost per GB usage has decreased from Rs 152 to Rs 10. This makes access to the internet easier among ordinary people. A large part of the population is now beginning to use the Internet. Due to the huge decrease in the cost of data usage, many classes of society got the chance to use internet for the first time.



The report claims that according to his calculation, after the entry of Geo, the annual financial savings to the customers can be up to $ 10 billion. This has led to the claim of increase in the country's GDP. It has been said in the report that before the entry of Geo, the industry which received 75% of their total turnover from Revenue Voice calling started giving lifetime free calling to the customers.Geo impact can be assessed on the basis that by the end of 2017, its customers were using 10 GB of data every month. In this sense, after China, India has reached the second place in terms of app downloads.