Mukesh Ambani's Reliance Jio continues eating into incumbent subscriber pie

Mobile broadband subscriber base growth (in mn)

Mobile broadband subscriber base growth since last year clearly shows that Jio has continued to get the benefit of the closure of smaller operators as the increase in subscriber base of Jio is way ahead in speed and scale compared to that of incumbents as shown by Trai’s July subscriber addition numbers.

Broadband subscriber net addition (in mn)

Mobile broadband subscriber net addition, over the past few months, clearly shows that Jio has benefited from the twin impact of telco consolidation and the change in the Jio