Reliance Jio and Airtel mobile subscribers surged, Vodafone Idea suffered losses

The country’s largest telecommunications company Reliance Jio and Bharti Airtel jointly added around 2.5 million mobile subscribers in November last year. Vodafone Idea, which is facing financial difficulties, has lost around 18.3 lakh subscribers. Reliance Jio further strengthened its position by adding 14.26 lakh subscribers. Airtel has added 10.56 lakh subscribers.

According to data from telecom regulator TRAI, Jio had around 422.8 million mobile subscribers at the end of November. In the previous month, this figure was Rs 42.13 crore. Bharti Airtel subscribers increased to Rs 36.60 crore. By contrast, loss-making Vodafone Idea lost 18.27 lakh subscribers. The number of his subscribers has been reduced to 24.37 crores. Reliance Jio began competing to lower rates after entering the telecom sector six years ago. Because of this, other telecommunications companies also had to reduce the prices of their services.

The total number of broadband subscribers increased to Rs 82.53 crore in November. The top five telecom service providers had a market share of more than 98 percent at the end of November. These include Reliance Jio (around Rs 43 crore), Bharti Airtel (around Rs 23 crore), Vodafone Idea (around Rs 12.3 crore) and BSNL (Rs 2.6 crore).

Bharti Airtel, the second largest telco, has introduced a new entry-level plan of Rs 155 in seven regions. Because of this, the basic rate has increased by around 57 percent. This plan is for seven regions including Karnataka, Bihar and Rajasthan. The company has abolished the Rs 99 fee. The company had launched the new scheme on a trial basis in Odisha and Haryana last year. After spending billions of dollars on telcos in the 5G spectrum auction last year, these companies need to raise the fee to increase revenue. A key performance indicator for telecommunications companies is average revenue per user (ARPU). For Airtel, it stood at Rs 190 in the September quarter, up 3.8% qoq and almost 24% yoy. The ARPU of Airtel rival Reliance Jio was Rs 177.2 in the September quarter and has risen marginally to Rs 178.2 in the December quarter.

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