Telecom Regulatory Authority of India (TRAI) has released the Telecom Subscription Data as of 30th September 2020 yesterday. Bharti Airtel is the clear winner with adding 37 lakhs new customers whereas Jio stands second by adding 14 lakhs new customers. VI network i.e. Vodafone Idea was the major loser with 46 lakhs customers leaving its services.
The report also suggests that net 6,58,902 customers were added to the wireless subscription in the last month. When we talk about market share, Reliance Jio tops with 35.19%. Bharti Airtel is second with 28.44%. Debt ridden Vodafone Idea is just little behind at 3rd place with 25.73% of market share. BSNL holds 10.36% where as MTNL and Rcom have 0.29% and 0.001% market share respectively.
Reliance Jio had maintained a lead in monthly mobile subscriber addition since the launch of its commercial operations in September 2016. Reliance Jio led the market in terms of overall mobile subscriber base with 404.12 million customers. It was followed by Bharti Airtel with 326.61 million subscribers, Vodafone Idea with 295.49 million customers, BSNL with 118.89 million subscribers and MTNL with 3.33 million customers.
Airtel has the best ratio of active subscription with 96.90%, no other company come any close to it. The second in term of active subscription is Vodafone Idea with 88.40% and third is Jio with 78.76%. The report also states that 8.71 million requests of Mobile network portability were served during this period.
Abhishek is the founder of Above Stocks. He manages the News section of our site. Having learned the art of Stock Trading, he is always keen to know the latest updates in the Indian Stock Market and put it down in our news section.