Spyke
The price of mobile data seems to have a huge impact on the valuation of the service provider
kemko avatar
#TechTonicby@kemko

The price of mobile data seems to have a huge impact on the valuation of the service provider

America: 1GB Data = ₹450 India: 1GB Data = ₹14

Xfinity is the biggest internet provider in USA.

Jio is the biggest internet provider in India.

Xfinity Valuation: $151.10 billion Jio Valuation: US$1.9 billion

Jio Total Subscribers: 424.52M Xfinity Total Subscribers: 30M

What's up with such a massive difference in valuation

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rohanjosh avatar
@rohanjosh

Considering the purchasing power difference in the country. It's no surprise, having 10x the userbase does not mean much when you're earning only 3% as much per user

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