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Jio races ahead of Airtel to become India's 2nd largest telecom company

Jio, since its launch in Spetember 2016, has seen a meteoric growth on the back of aggressive and dirt-cheap consumer tariff plans

BS Web Team  |  New Delhi 

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In February, Jio had added 7.79 million subscribers, while Vodafone Idea lost 5.78 million customers

Mukesh Ambani's is now reportedly the second-largest company in the country. The company is said to have overtaken Bharti in terms of customer base and now trails only

While Jio presently has 306 million customers, continues to lead the industry with 387 million subscribers, according to a Times of India report. has 284 million subscribers.

Jio, since its launch in Spetember 2016, has seen a meteoric growth on the back of aggressive and dirt-cheap consumer tariff plans.

On the other hand, Airtel, which dominated the Indian space for almost two decades, is witnessing a dramatic fall. It was first overtaken by in the middle last year and now finds itself at the third spot.

In February, Jio had added 7.79 million subscribers, while Vodafone Idea lost 5.78 million customers, according to data published by the Regulatory Authority of India (Trai). lost 49,896 customers.

ALSO READ: Jio's GigaFiber to offer broadband, landline, TV combo for Rs 600 a month

Over the past year, Jio's active subscriber market share has gone up to 24 per cent, gaining 9 percentage points (ppts), while Bharti has maintained its share at 32 per cent and Vodafone Idea lost 5 percentage point to fall to 37 per cent, according to a report released by brokerage firm CLSA this month.

First Published: Thu, April 25 2019. 09:15 IST
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