 "Reliance Jio, telecom, towers, mobile towers")
Telecom companies saw a rise of 1.99 per cent — 22.80 million subscribers — in wireless users in the July-September period, numbers from the regulatory authority shows. Though the sector is stabilising after a series of exits and mergers, experts feel incumbents may see another round of decline sooner than later as multi-users become single users.
“One of the reasons could be the minimum recharge that the firms would levy, discouraging users to keep more than one SIM,” an analyst said. Monthly average revenue per user (ARPU) for wireless service declined 2.55 per cent, from Rs 69.15 in June quarter to
