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Reliance Jio's 2G-free India drive likely to hit Vodafone Idea hard

About 60% of Vodafone Idea's customer base is in the 2G space

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The company is expected to generate less than half that operating profit in FY22 at Rs 13,200 crore.

Ram Prasad Sahu Mumbai
Mukesh Ambani’s plan to make India ‘2G-mukt’ will hit the incumbent operators hard, especially Vodafone Idea given its large base of 2G subscribers.

After racking up 100 million users for its 4G-enabled feature phones (JioPhone), Reliance Jio in partnership with Google is eyeing the entry-level smartphone segment. Jio is planning to win over 350 million 2G feature phone users by launching a smartphone ‘at a fraction of the current cost’.

Experts believe that Jio, which dominates the mobile broadband space (4G) with 58 per cent market share, could capture the incumbents’ market share in the feature phone segment with its