Jio Platforms aims for a $15 billion global opportunity with JioBharat 4G feature phones
NEW DELHI: Jio Platforms (JPL) is pitching the indigenously developed JioBharat platform as a means to migrate millions of 2G subscribers to the fourth-generation (4G)-backed services in countries that have similar affordability-led challenges as India.
It believes that the upgrade has a massive market and revenue-generation potential for digital connectivity providers.
The one-time spend by nearly 729 million 2G subscribers on devices is a ₹1.31 lakh crore (or ~$15 billion) market opportunity, according to JPL.
