few paid subscribers needed to cover costs, Telecom News, ET Telecom

Telegram messaging app: need few paying subscribers to cover costsTelegram’s messaging app, which was used by a large number of Russian and Ukrainian officials during the war, only needs a small number of paid subscribers to cover its costs, founder Pavel Durov said Tuesday.

Users of the Telegram Premium service will get a higher limit on chats, media and file uploads, Durov said on June 10, noting that paid subscriptions would ensure that the app is primarily funded by users, not advertisers.

“The great thing about Telegram Premium is that if only 2.5% to 3% of our users sign up for this plan, Telegram will cover its costs, supported purely by its users,” he said on Telegram Tuesday.

“This will usher in a new, user-centric era in the history of social media services.”

Telegram and Signal have signed up more messaging users over growing privacy concerns on larger rival WhatsApp, owned by Meta Platforms Inc. Telegram has 500 million monthly active users and is one of the 10 most downloaded apps in the world, according to its website.

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