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Airtel, Vodafone Idea Lose 30 Million Customers; Jio Adds 9.4 Million In March

Vodafone Idea Ltd. and Bharti Airtel Ltd. collectively lost nearly 30 million customers in March as Reliance Jio Infocomm Ltd. continued to add users, according to the TRAI data.

According to TRAI, the wireless subscriber base of Vodafone-Idea at the end of March 2019 was 394.8 million. The company in its quarterly results for the last quarter of 2018-19 had shown the total user base at 334.1 million.

Bharti Airtel’s mobile subscriber base was 325.1 million, and that of rival Reliance Jio was 306.7 million as on March 2019.

“Total wireless subscribers declined from 1,183.68 million at the end of Feb-19 to 1,161.81 million at the end of March 2019, thereby registering a monthly decline rate of 1.85 percent,” the Telecom Regulatory Authority of India report released on Tuesday said.

India’s total wireless subscriber base fell to 1,161.8 million on March 31, 2019, shedding 21.87 million users over the previous month. The overall tele-density in India declined to 90.11 at the end of March, from 91.86 in February.

The wireless subscription in urban areas declined to 650.49 million in March end from 656.57 million in February, and rural user base also plunged to 511.32 million from 527.11 million during the period.

Vodafone Idea and Bharti Airtel together shed 29.6 million users by March-end compared to February.

Market analysts noted that in certain cases, the subscriber tally difference between regulator’s data and those cited by the companies is on account of the different measurement used for computing wireless subscribers base.

Market analysts noted that in certain cases, the subscriber tally difference between regulator’s data and those cited by the companies is on account of the different measurement used for computing wireless subscribers base.

The customers base of Reliance Jio, owned by richest Indian Mukesh Ambani was 306.7 million as on March 2019, against 297.2 million as on February.

Overall , India’s broadband subscriber base rose to 563.1 million in March, rising 2.37 percent over the previous month. Jio notched the highest broadband subscriber base of 306.7 million, followed by Airtel (114.6 million), Vodafone Idea (110.2 million) and state owned Bharat Sanchar Nigam Ltd. (22.14 million).―Bloomberg Quint

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