Reliance Jio, the latest entrant in the Indian telecom sector, has reportedly grabbed 27 percent market share in the feature phone segment in the Indian market. According to a report provided by Counterpoint Research to ET, Reliance Jio grabbed the first spot in the Indian feature phone market thanks to large shipments in the quarter ended in December.
Jio leadership signals country-wide shift towards data-enabled devices
According to the Counterpoint report, Reliance Jio is the new leader in the feature phone segment in India with a share of 27 percent. Samsung comes in at a distant number two with 17 percent market share. The third, fourth and fifth spots are occupied by Micromax, itel and HMD Global’s Nokia brand respectively.
Mr. Tarun Pathak, Associate Director, Counterpoint Research, said,
“JioPhone brought in huge volumes in the quarter, due to which it was able to surpass Samsung, which typically leads this segment. The device saw traction as feature phone users moved to the JioPhone and could use the similar form factor device to consume data as against the voice only earlier.”
The massive gains that Reliance Jio has managed to make in the Indian telecom sector and the feature phone markets hints at a new …read more