Reliance Jio Broadband, Nokia Android Phones India Launch Date, Oppo F3, and More News This Week
Reliance Jio1 accounts for the largest share of broadband connections (Internet connections with 512Kbps or higher speeds) in India with nearly 39.36 percent market share just six months after launching operations, according to TRAI data2. The figure is for the month of February, and takes into account both wired and wireless connections. Jio is followed by Airtel3 (46.69 million connections, 17.87 percent market share), Vodafone4 (32.06 million, 12.27 percent), Idea5 (24.31 million, 9.3 percent), and BSNL6 (20.81 million, 7.69 percent).
The launch of Reliance Jio has ushered in challenging times in the telecom industry, and the latest on that front is the reported layoffs in Tata Teleservices7. The company is said to have fired 500-600 employees in sales and other related functions. As for severance package, Tata Teleservices8 is said to be giving one month’s salary for each year of service to the employees.