JIO Next Tech Giant Of the World.

After the investment from big giants like Google, Facebook investors pouring in money left, right and centre over the last 3 months, Reliance Jio has become the most valued Telecom service provider in India.

KEY FACTS-

·        Jio services were publicly launched in 2016.

·        Jio has added nearly 38.75 crore subscribers. 

·        If you compare subscriber count against Bharti Airtel it has 32.7 crore subscribers.

·        Airtel's annual revenue is Rs. 23,722.7 crores, while Jio's annual revenue is Rs. 18,632 crores. 

Why Jio is the first choice of investors?

Jio has 388 million subscribers in India and has been making the leap from traditional channels in mobile such as basic voice calling toward a digital ecosystem. Its market share in wireless is significant  35 percent of the Indian market  and indicates the strength of an installed base for cross-selling other services. Jio also owns a music-streaming service called JioSaavn, as well as a streaming TV business called JioTV.

Recent investment in Jio.

Investor	Stake (%)	Investment (MN $)
1. Google	7.7	4.5 Bn.
2. Facebook	9.90	5700
3. VISTA	2.30	1500
4. General Atlantic	1.30	873
5. KKR	2.30	1500
6. Mubadala	1.85	1200
7. Abu Dhabi Investment Authority	1.16	750
8. TPG	0.93	600

 

Future of JIO?

Connecting the small mom-and-pop stores via Jio Mart to larger retail chains is part of the next step. Multiply the idea across various industries – healthcare, education, entertainment, gaming and others – and the gargantuan scale becomes clear.

For telecom subscribers, India’s top three players are used to an average revenue per user of about $2 per month. Jio, too, has been averaging around the industry standard. Adding an e-commerce layer for its subscribers could dramatically improve that number and increase the gap with its competitors. Also introduction of 5G will change the game for billions.