According to TRAI (Telecom Regulatory Authority of India) Reliance Jio, the market leader, became the highest gainer of subscribers in July this year. A total of 11.79 million new subscribers joined the Jio family with a growth rate of 0.89. The number of wi-fi subscribers increased significantly due to the ‘Jio monsoon Hungama’ provided to the users. With the addition of 11.796 million subscribers in July, the company has captured 19.62 p.c of the market.
Jio has over ten times new subscribers than the other rival telecom operators including Vodafone, BSNL and airtel. However, these were the only operators who had a net user increase of 1.14 million. Reliance Jio had total 1,168.9 million telephone subscribers at the end of July which increased to 1,179.32 million by the July’s end. Moreover, GSM, LTE, and CDMA wireless subscribers increased from 1,146.49 million at the end of June to 1,157.04 million by July’s end. The company saw a registered monthly growth rate of 0.92 percent.
Reliance Jio became the Top Operator in the Telecom Market
“Top five service providers constituted 97.75 percent market share of the total broadband subscribers at the end of July 2018. These service providers were Reliance Jio Infocomm Ltd (22.7 crores), Bharti Airtel (9.53 crore), Vodafone (6.37 crore), Idea Cellular (4.35 crore ) and BSNL (2 crores),” as per the reports. The teledensity in July increased to 90.44 which was 89.72 in June.
Talking about the other operators, BSNL managed added 0.225 million subscribers than an idea, capturing 9.80 p.c of the market share. However, there were 5,489 million new subscribers additions in July for the Idea. 5.803 million additions in the Jio family had been from rural areas because of the ‘Jio Monsoon Hungama’ which allowed customers to buy a Jio phone Rs. 501 which is though very cheap.
It also gained the most quantity of market share at 49.33 p.c with 227.05 million wi-fi subscribers. On the other hand, BSNL has the massive amount of wired broadband subscribers (9.15 million). However, its market share is at 4.38%.
No doubt Reliance Jio is leading the market!!