Description
Nikhil Kamath, co-founder of online stock trading platform Zerodha, shared his views on the rise of the Internet user base in India. “#India has gone from a meager 2% (2012) market share in global mobile internet traffic to 21% (2022) in just 10 years. Let this settle... This is as important an indicator as any #progress," he tweeted. Kamath shared an infographic using data from Ericsonn, CNNIC and Benedict Evans on how India has increased its global mobile internet traffic in just ten years. . Data shows that the share of North America, the European Union, South Korea and Japan in global mobile internet traffic has fallen from 73% in 2012 to just 25% in 2022. China's share increased from 10% at 27%. hundred in the last ten years. With the advent of affordable mobile internet packages from the telecom giant, India has expanded its internet subscription base across the country. The disruption of the mobile internet space started with Reliance Jio in 2016. Now 5G internet services have already started in some cities in India. Last month, Prime Minister Narendra Modi launched the 6G R&D testbed and announced that the rollout will go ahead. In the next years. “Today's India is rapidly moving towards the next stage of the digital revolution. India (had) the fastest 5G rollout in the world as 5G services were rolled out in more than 125 cities in just 120 days and 5G services reached around 350 districts across the country,” Modi said. According to a report by the Telecommunications Regulatory Authority of India (TRAI), the number of telecom subscribers in India increased to 1,170.75 million in January. The net gain of the wireline segment was 0.28 million customers while mobile telephony registered a net gain of 0.09 million subscribers.
Although Reliance Jio and Bharti Airtel jointly added 0.29 million new customers, the gain was offset by BSNL and Vodafone Idea (VIL) losing 0.28 million customers.
