Been there, done that: Reliance Jio’s disruption playbook is familiar. Will its mistakes be too?
Better technology, boatloads of cash, unbridled ambition, rapid scaling and 'free'. Reliance Jio's playbook was once Reliance Communication's. It didn't work then, will it now?
From free 4G to free 4G feature phones to free 100 Mbps broadband, Reliance is determined to win market share and become a force to reckon with in telecom
But Reliance didn’t get here without making mistakes. Expensive mistakes.
A once 15+ player market is rapidly coalescing into effectively a 3 player market composed of Reliance Jio, Bharti Airtel and Idea-Vodafone. Of these, Idea-Vodafone is at risk the most.
Jio will need to stay away from its own disruption Kool-Aid to avoid making the same mistakes it once did launching and running Reliance Communications
There are no new ideas. Only rediscovery or remixing.
The $80-billion Reliance Group’s strategy to disrupt and upend Indian telecom with its Jio brand is testament to this adage, even though the latter’s roots lie in literature and the creative arts, not business.
Customers in multiple Indian cities are currently signing up for free Jio fiber broadband at speeds of up to 100 Megabits.
India’s broadband penetration is under 10% and its average broadband speeds are abysmally low at around 6.5 Mbps.
In late July, Jio announced free 4G feature phones (provided customers agreed to pay a deposit and…
Read the full story now. Subscribe to The Ken
Stories on The Ken are available only for its subscribers. Join us now to get instant access.
Complete access to all stories on The Ken. Rs. 2,750/year or Rs. 1,200/quarter
Dear subscriber - a lot of hard work goes into the journalism we put out. While sharing snippets or limited screenshots is okay, please avoid printing and sharing our entire articles as PDFs. Our plans are very affordable - please ask your friends to subscribe.