InvestorQ : Is it true that Reliance Jio has crossed the 40 crore telecom subscribers mark?
Katherine Gonsalves made post

Is it true that Reliance Jio has crossed the 40 crore telecom subscribers mark?

Answer
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rhea Babu answered.
2 weeks ago


You are right that Reliance Jio has become the first mobile company to cross 40 crore customers in India. For the month of July, TRAI data showed that Reliance Jio added 35 lakh subscribers, largely at the cost of Vodafone Idea, which continues to lose subscribers.

The overall telecom subscriber base increased marginally to 116.4 crore in July. Jio now dominates the Indian telecom market with 40.08 crore subscribes and a 35.03% market share.

Bharti Airtel added 32.6 lakh mobile customers in July while Vodafone Idea lost over 37 lakh customers. Jio had 40 crore broadband customers while Bharti Airtel had 15.57 crore and Vodafone Idea had 11.52 crore broadband customers.