Reliance Jio and Vodafone Idea reported a month on month fall in mobile subscribers while Bharti Airtel reported gains in January as per data released by Telecom Regulatory Authority of India on Wednesday.
Reliance Jio, the country’s largest mobile service provider, saw a drop for the second consecutive month as its customer base declined by 9.3 million to 406.3 million. Vodafone Idea continued its losing streak as it shed 389,082 subscribers. It ended the month at 265.12 million customers. Airtel’s subscriber numbers increased by 714,199 to 356.4 million.
Mobile companies took a 20 per cent tariff hike in prepaid plans towards the end of November that has resulted in consolidation of SIM cards. Following its third quarter result in February, Jio had also said its repurposing its customer retention efforts aimed to improve the quality of base and to reduce its costs.
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.