Anagh Pal02 Aug 2023, 16:48
Telecom majors are not adding as many mobile subscribers as they used to a couple of years ago. While improved penetration is one reason, the other key reason is tariff increase that most players undertook in 2021. In the month of May, the sector saw active subscriber base rise by 5 mn. Billionaire Mukesh Ambani controlled Reliance Jio continues to gain market share in India’s telecom market. Data released by the Telecom Authority of India (TRAI) shows that Reliance Jio added 4.9 million new subscribers in May, which is more than double of Bharti Airtel’s 2.4 mn net additions. VIL continued to experience subscriber losses, with a decline of 2.8 million subscribers.