Reliance Jio user addition slowing; Airtel could be long-term winner: UBS

Jio's share of telecom market increased to 9.3% in March from 8.8% in February

Even as Reliance Jio, the newest player in the telecom market, continues to add subscribers, the pace of additions seems to be slowing down. In March, the telco added only 5.8 million subscribers, compared with 12.2 million the previous month, according to a UBS report on the Indian telecom sector, based on the monthly data released by the Telecom Regulatory Authority of India (Trai).

However, despite this slowdown, the Mukesh Ambani firm continues to top in the absolute number of subscriber added. It is followed by Bharti Airtel, Idea Cellular, BSNL and Vodafone -- in the same order.

Jio's share of