Competition makes India world lowest rates in Internet data

Nigeria’s internet subscribers drop by 606,000 by January 2017

India has arguably the lowest internet data rates in the world, as low as 10 Indian rupees (about 6 U.S. cents) per one GB (gigabyte) per day.

This is due to intense competition among telecom service providers.

The competition was triggered by a provider “Reliance Jio” which launched ‘4g’ broadband services a year ago offering the lowest prices. Soon other service providers followed suit and slashed their data rates to match and survive in the competition.

Prior to reliance Jio’s “4g” revolution, Indians had to bear with the “2g” and “3g” services at a much higher cost.

Till a year ago, a subscriber using internet data round-the-clock had to shell out around 1500 Indian rupees (about 23 U.S. dollars) per month for nearly one gb data per day.

Which, thanks to reliance jio, has come down to the cost of 500 Indian rupees (about 8 U.S. dollars) for three months, including voice calls, per one GB data per day.

According to estimates, presently there are nearly 500 million internet users in India.

India is presently the second largest telecom market in terms of subscribers base in the world, only after china.

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