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Reliance Jio Outpaces Airtel In Active Subscriber Base Amid 5G Rollout
Reliance Jio Infocomm Ltd. added the highest number of active users in January, as a 5G-induced churn in India’s telecom industry deepened. The total number of wireless subscribers in India rose by 0.01% month-on-month to 1,143.02 million in January 2023, according to TRAI data. Still, there is visible churn in the market. In January, the number of requests to transfer mobile numbers stayed high at 12.40 million, indicating intense competition to gain subscribers. "We expect Airtel and Jio’s market-share gains to accelerate at Vodafone Idea’s expense, especially among premium subscribers," driven by pan-India 5G rollouts, Kotak Institutional Equities said in an April 3 note. Source - https://www.bqprime.com/business/reliance-jio-outpaces-airtel-in-active-subscriber-base-amid-5g-rollout
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