Vi Needs to Launch 5G Soon to Reduce Market Share Loss to Airtel and Jio
Yes, VI needs to launch 5G soon to reduce market share loss to Airtel and Jio.
VI is the third-largest telecom operator in India, with a market share of around 27%. Airtel and Jio are the two largest telecom operators, with market shares of around 39% and 33%, respectively.
VI has been losing market share to Airtel and Jio for the past few years. This is due to a number of factors, including:
● Airtel and Jio have invested heavily in 4G networks, which offer faster speeds and better coverage than VI's 3G network.
● Airtel and Jio have launched a number of attractive 4G plans, which have made it more affordable for customers to switch to their networks.
● VI has been struggling financially, which has limited its ability to invest in its network and launch new plans.
5G is the next generation of mobile technology, and it offers significantly faster speeds and lower latency than 4G. This means that 5G can be used for a wider range of applications, such as streaming high-definition video, playing online games, and downloading large files.
Airtel and Jio have both launched 5G services in India. VI is expected to launch its 5G service in the coming months.
If VI does not launch its 5G service soon, it will continue to lose market share to Airtel and Jio. This could lead to VI becoming a marginal player in the Indian telecom market.
Here are some of the benefits of 5G for VI:
● Increased revenue: 5G can help VI increase its revenue by attracting new customers and by charging higher prices for its 5G services.
● Reduced costs: 5G can help VI reduce its costs by making it more efficient to operate its network.
● Improved customer experience: 5G can help Vi improve its customer experience by offering faster speeds, lower latency, and a wider range of services.
If VI can successfully launch its 5G service, it can gain a competitive advantage over its rivals and start to regain market share.
