After coming to the market of Mukesh Ambani’s telecom company Reliance Jio, one of the world’s richest wealth, there was a huge decline in mobile data prices in India. According to the latest report, the average price of one GB mobile data in India is just 18.5 rupees (USD 0.26), whereas the global average is Rs 600. Cable.co.uk, a website comparing prices, has given this report.
After evaluating the rates of mobile internet in 230 countries, the company said that the cost of a GB data in India is $ 0.26, then in the UK, for one GB data in the UK, customers will have $ 6.66 (Rs 468) and US $ 12.37 (869 Rs.).
The global average price for a GB data is $ 8.53 (about 600 bucks). Study report says that technology awareness is more in the country of the young population, India is a vibrant smartphone market.
There are more than 43 million smartphone users in India. India is the second largest smartphone market after China. In 2016, Mukesh Ambani started the Price War while launching Geo in India’s telecom market. Free voice calls, data in extremely low price and effectively free mobile, Geo has added more than 28 million subscribers so far. Due to Geo, other companies had to cut prices considerably.