Latest News – Reliance Jio (RJio), which has stormed the 4G market in India, is witnessing a slowdown in subscriber additions and for the first time since September last year, Bharti Airtel has added more active subscribers in a month than RJio.
However, in terms of net additions, RJio continues to add maximum subscribers. The latest entrant added 3.87 million subscribers in April followed by 2.85 million by Airtel, 0.81 million by BSNL, 0.75 million by Vodafone and 0.68 million by Idea.
All the other operators lost subscribers on net basis in April.
As per reports by Goldman Sachs and ICICI Securities, RJio added 0.4 million active or VLR subscribers in April as compared to 2.6 million by Airtel. The active subscriber additions by Jio continue to slow down from September-October period of last year, when it was adding around 16 million subscribers a month.
RJio has witnessed a deceleration in its active subscribers in fourth straight month and as the company has started to charge from April, the deceleration is likely to continue.
However, given the scale of Jio’s launch and subsequent additions, the Mukesh Ambani-owned company continues to have the largest share of 34 per cent in the wireless broadband market (Read More)