Reliance Jio has become India’s largest telecom operator with a subscriber base of 331.3 million, surpassing Vodafone Idea by a difference of 11 milllion subscribers in just 3 years. Jio had pipped Bharti Airtel in May to become the second largest telecom player in India.
Starting its commercial operations from 2016, Reliance Jio has become India’s largest telecom operator with a subscriber base of 331.3 million, surpassing Vodafone Idea which reported a decline in its user base to 320 million by June 2019.
According to the financial results reported by Reliance Industries, Reliance Jio had a user base of 331.3 million by June 2019.
Mukesh Ambani-led Reliance Jio had defeated Bharti Airtel (having
320.38 users or 27.6 per cent market share) in May to become the second largest mobile operator with 322.9 million users and 27.80 per cent market, according to TRAI data.
Vodafone Idea recently reported a decline in its customer base to 320 million in the first quarter of 2019-20 from 334.1 million in the March quarter.
“Our subscriber base declined to 320.0 million from 334.1 million in fourth quarter of financial year 2019 primarily due to customer churn following the introduction of ‘service validity vouchers’ in the prior quarters,”
Vodafone Idea said in a statement.
Vodafone Idea had emerged as the largest telecom operator with over 400 million subscribers after Vodafone India and Idea Cellular’s merger of telecom services business.
By: Abhinav Ranjan, Editorial Desk, DKODING Media