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

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

While Jio presently has 306 million customers, Vodafone Idea continues to lead the industry with 387 million subscribers, according to a Times of India report. Airtel 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 telecom space for almost two