Andrew Bonwick
Vice President of Product Development at Relm Insurance
Madhav Sheth
CEO of Ai+ Smartphone
Stephen Rose
CEO Render Networks

All of a sudden, Reliance Jio is looking like an unmatchable force in the broadband and DTH segments, thanks to the Reliance Industries’ buyout of Hathway Cable and DEN Networks. Jio GigaFiber service was announced back in July this year, but the service is yet to go official in major parts of the country. Not only in the broadband segment, but this buyout will also place Jio ahead of its rival Bharti Airtel in the DTH segment as it now gained direct access to 24 million subscribers of Hathway and DEN Networks. Bharti Airtel is adding new DTH subscribers at a brisk pace. In the last quarter, the telco grabbed more than ten million subscribers, but once Jio GigaFiber commences its operations, Airtel might face slowdown of subscriber addition same as how it’s now suffering in the telecom sector.

Reliance Jio Races Ahead of Airtel In DTH
Even before the rollout of services in the country, the Mukesh Ambani led telco has gained significant margin over Bharti Airtel in terms of reachability to the consumer. While Bharti Airtel has access to only 2 million homes across the nation, Reliance Jio now boasts of having access to 24 million subscribers owing to its recent buyout of DEN Networks and Hathway Cable. Reliance Jio has also opened registrations for its service since August 15 and has invested a total of Rs 5,230 crore in both of these companies. Although it’s evident that Airtel is not just going to sit back, and the telco has likely plans to strike back in the market, the major lead that Reliance Jio has over Bharti Airtel tells us that we will see many more homes adapt to Reliance Jio’s new GigaFiber service than Bharti Airtel. The challenge, right now, for the telco is to upgrade these subscribers from cable connections, or fixed line connections to FTTH service. Credit Suisse wrote this news.