Future of Jio Airtel Vi in 2024

In the coming year, India's telecom industry is poised for substantial transformations, impacting major players like Airtel, Vodafone, IDF, Jio, and even BSNL. Let's delve into some key developments expected in 2024.

The Evolution of 5G:

While 5G made its debut in 2022 and reached over 7000 cities by 2023, the awaited end of the free 5G offer did not materialize in 2023. Jio claims its 5G is already available in 7,764 cities, and Airtel plans to cover 7000 cities by March. However, the effectiveness of 5G varies by location, as seen with previous generations.

Paid 5G services are anticipated in the second half of 2024, possibly with price revisions ranging from 5% to 20%. Telecom companies are looking to recoup their investments in 5G spectrum deployment.

Potential Price Hike:

Beyond 5G plans, a general price hike in regular recharges, including 4G, is expected around the middle to end of 2024. Telecom companies, having invested significantly in 5G spectrum, aim to secure returns on their long-term investments.

Vodafone Idea's Future:

Contrary to concerns about Vodafone Idea's survival, the company gained 4 lakh subscribers in September 2023, showing signs of stability. While Vodafone Idea faces financial challenges, its 5G rollout may progress with potential funding in 2024. The termination of the deal with Tata Communications indicates a strategic shift in managing operations.

Prospects for Jio and Airtel:

Jio is expected to thrive in 2024, possibly introducing millimeter-wave 5G. Merger talks with Hotstar could further shape the telecom landscape. Airtel aims to cover 7000 cities with 5G by March and may transition to a standalone network. The focus on premium services and enterprise solutions is expected to set Airtel apart.

Satellite-Based Internet and Airfiber:

Satellite-based internet initiatives, including Jio's demonstration and Starlink's potential entry into India, present an exciting yet expensive frontier. Airtel is also exploring satellite internet solutions. However, these technologies may primarily cater to remote areas due to high implementation costs.

BSNL's Resilience:

BSNL aims to complete its 4G rollout by 2024, deploying it in 1 lakh sites. Additionally, BSNL is exploring 5G possibilities by the end of 2024. Both BSNL and Vodafone Idea, despite market share losses, display resilience and are poised for comebacks in the competitive landscape.

Airfiber's Impact:

The deployment of Airfiber by major telecom players, including Jio and Airtel, brings a competitive edge. While not surpassing the stability and speed of regular fiber, Airfiber addresses gaps in areas where traditional broadband lines cannot reach.

Final Thoughts:

As 2024 unfolds, India's telecom market anticipates a blend of challenges and innovations. The industry's ability to adapt to these changes will determine its trajectory. Keep an eye on potential price hikes, technological advancements, and the strategic moves of key players in this dynamic landscape.

What are your predictions for the telecom sector in 2024? Share your thoughts in the comments below. If you found this insightful, don't forget to subscribe to the channel for more updates. Until next time, goodbye!