5G and Wireless Communication for Beginners - Extra Story 04: Monopoly Done Right

The video discusses the state of the Indian telecom industry before Reliance Jio's entry, highlighting issues like unreliable services and high costs. Jio faced challenges entering a crowded market but succeeded by offering free 4G LTE data and affordable plans, quickly gaining a significant market share. The video concludes with a transition to discussing 5G technology.

What was one of the major issues with the Indian telecom services before Jio's entry?

• Slow 3G rollout and unreliable services

• Reliable customer service

• Affordable data plans

• High-speed 4G availability

How did Reliance Jio initially attract customers in a crowded market?

• By offering backward compatibility with 2G and 3G devices

• By providing free 4G LTE data for a limited time

• By focusing on high-end smartphones

• By partnering with existing telecom giants

What was a key factor in Jio's strategy to coexist with other telecom providers?

• Offering exclusive services to single SIM phones

• Focusing solely on urban areas

• Replacing existing telecom providers

• Leveraging the prevalence of dual SIM phones

What was the result of Jio's strategy in terms of customer acquisition?

• They only attracted a niche market

• They reached 50 million customers in less than three months

• They struggled to gain a significant market share

• It took five years to reach 50 million customers

How did Jio's entry impact the Indian telecom market?

• It made Jio the fastest-growing mobile network globally

• It led to a decrease in internet users

• It caused other telecom companies to exit the market

• It resulted in a decline in mobile internet usage