InvestorQ : What does the subscription figures for telecom companies show for Airtel and Idea?
diksha shah made post

What does the subscription figures for telecom companies show for Airtel and Idea?

Answer
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1 month ago


The tough times for telcos in terms of subscription numbers continues. Vodafone Idea lost about 48.2 lakh users while Airtel lost 11.3 lakh users in the month of Jun-20. The obvious gainer was Reliance Jio which added 45 lakh customers in the month of Jun-20.

With most migrants generally surrendering multiple connections, the overall wireless base shrank by 0.28%. Currently, the rural subscriber at 54.3% outnumbers the urban subscriber base at 45.7%. Most of the connections surrendered pertain to urban connections.

The winds became rougher for Vodafone and Bharti after Reliance Jio launched an aggressive plan to chip away at the premium customers of Bharti Airtel and Vodafone. Jio market share has moved above 45% currently and its smart phone launch could deepen the divide.