Reliance Jio’s cheap data turned India’s internet dreams into reality ...Middle East

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Reliance Jio’s cheap data turned India’s internet dreams into reality
In 2015, not long after India first got high-speed 4G internet, the cost of 1GB of mobile data in India was 225 rupees ($3). But just over five years later, the industry has witnessed a remarkable decline in pricing that helped truly launch the country’s internet economy.The dramatic fall in the data prices was triggered by the Sept. 5, 2016 launch of Mukesh Ambani’s 4G mobile network, Reliance Jio, days after India’s richest man gave a 90-minute speech in which he promised to reshape the future of the internet in India.https://datawrapper.dwcdn.net/3vYVn/1/Read the rest of this story on qz.com. Become a member to get unlimited access to Quartz’s journalism.

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