Voice over Long-Term Evolution (VoLTE) is a technology for faciliating voice on 4G network, and lowers the cost of offering voice calls.
At present, Mukesh Ambani controlled Reliance Jio is the only operator in India offering voice on 4G network using VoLTE technology, while the incumbent telcos have been offering voice calls to their 4G customers with support of their other established networks- 2G and 3G.
The roll out of VoLTE by larger players like Airtel is expected to open up a new frontier in the price war with rival Reliance Jio, and experts say it may set the stage for cheaper voice offerings.
Essentially, VoLTE translates into reduced costs for telecom operators. Jio's VoLTE infrastructure has allowed the newcomer to offer free voice and disruptive pricing in the Indian market and notch over 100 million customers within months of its commercial launch.
Last month, Ericsson had said India's VoLTE subscriptions will touch 370 million by 2022, and the global base is set to reach 4.6 billion in the same period.
Disclaimer: No Business Standard Journalist was involved in creation of this content
