Indian Telecom sector is witnessing stiff competition of all time post Reliance Jio entry. Reliance Jio launched its sophisticated 4G network attached service. Reliance jio also launched LYF Smartphone brand to complete the ecosystem in order to create all in one platform.
India being the central attraction point for global Smartphone player given the huge market place. Most of the Indians are turning towards Smartphone to experience the power of Digital segment. We are also aware that Indian buyers tend to buy high end phone on EMI model and constitutes around 3%of total wireless user.
Reliance Jio 4G service Launch in India is in news across all geographies for all good news. They claim that they have the best network, best pricing, best content and now they claimed that they acquired 16 million user within first 30 days of service launch.