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Telegram reports 700 Million monthly users, launches premium subscription


Cloud-based messaging service Telegram is one of the fastest-growing social media and messaging platforms in the world. As it hits 700 million monthly users, Telegram has announced a subscription service that will help to unlock more functionalities for users.

In a statement celebrating the milestone, the company said, ā€œTelegram became one of theĀ top-5Ā downloaded apps worldwide in 2022 and now has overĀ 700 million monthly active users. This growth is solely fromĀ personal recommendations.ā€

Telegram Premium will give users exclusive additional features which include faster downloads, exclusive stickers and reactions, improved chat management and up to 4 GB of file uploads (from 2 GB).

ā€œAll existing featuresĀ that users have come to expect and rely on for nearly a decadeĀ remain free. Moreover, non-premium users will be able to enjoy some of Premium’s benefits.ā€ Telegram wrote on its official blog.

Telegram founder and CEO Pavel Durov had hinted earlier this month about the launch of the premium tier, saying users have been requesting additional storage/bandwidth

ā€œAfter giving it some thought, we realized that the only way to let our most demanding fans get more while keeping our existing features free is to make those raised limits a paid option.ā€

Telegram abandoned its blockchain project in 2020 after facing regulatory hurdles. The blockchain platform was excepted to turn around the company’s fortunes, given that it doesnā€™t run Ads.

The premium service could be Telegramā€™s game-changer. No other messaging app in the top tier including Signal, WhatsApp, Facebook Messenger, Appleā€™s Messages and Googleā€™s Messages offers a premium paid-up service.

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Simon W Nderitu

Simon is a tech enthusiast who keeps a close eye on emerging technologies, startups and the general business environment. You will often catch him totally immersed and drooling over Artificial Intelligence, Machine Learning, Virtual Reality, Augmented Reality, IoT and just about any other tech that promises to revolutionize the way we live. Send tips to snderitu@techtrendske.co.ke

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