Jio soft launch this month, full roll-out by December: UBS

Image
IANS Mumbai
Last Updated : Apr 06 2016 | 2:28 PM IST

Amid speculation over the actual date of the roll-out of Reliance Jio 4G telecom services, a top global financial services firm, UBS, said while soft launch was expected by the end of this month, the full commercial offering was expected by December.

"Contrary to market belief that Jio has started rolling out 4G SIMs commercially, our channel checks in Mumbai and Delhi suggest that although SIMs have been shipped to the retail outlets, they are not yet available for sale," the consultancy said in a report.

"At present, Jio SIM cards are only available to Reliance employees, post its beta launch in December 2015. Our speed test on trial SIM cards in Reliance outlets indicate network speed of 18-20 Mbps versus Vodafone's 4G speed of 8-10 Mbps."

The report said Jio was expected to initially roll-out bundled 4G offering on a limited basis with LYF-branded devices -- as also SIM sale on standalone basis -- only in the second half of 2016, even as all the market leaders have already launched theirs.

Airtel was the first to launch 4G giving it a significant first-mover advantage with footprint in 15 circles, Idea started in 575 towns across its 10 circles, while Vodafone is has a presence in five circles.

"We believe the delay in Jio launch has helped market leaders to strengthen their 4G offerings," said the report, adding while also suggesting that the market may be overly concerned over Jio's disruptive impact and ignoring rapid data growth in Indian mobile market.

The report forecast the Indian data market to grow nine times to $38bn by 2026.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 06 2016 | 2:18 PM IST

Next Story