InvestorQ : Is it true that Reliance Jio has gained subscribers at the cost of Bharti Airtel and Vodafone Idea in the last monthly report?
Moii Chavate made post

Is it true that Reliance Jio has gained subscribers at the cost of Bharti Airtel and Vodafone Idea in the last monthly report?

Answer
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Sam Eswaran answered.
3 months ago


That is absolutely true. The total subscriber base fell by 8.2 million in April 2020. Ironically, the rural subscriber base increased marginally while the urban mobile subscriber base dipped by 9 million. In total, Vodafone lost 4.5 million subscribers and Bharti Airtel lost 5.2 million in the given month. Reliance Jio, however, added 1.6 million subscribers.

As a result, Reliance Jio now commands 33.85% wireless market share, followed by Airtel and Vodafone Idea with market shares of 28.06% and 27.37% respectively.