Business Companies 14 Jun 2017 Reliance Jio adds 4 ...

Reliance Jio adds 4 million customers in April; increases market share

DECCAN CHRONICLE
Published Jun 14, 2017, 11:29 am IST
Updated Jun 14, 2017, 12:35 pm IST
Total cusotmers now stand at over 112 mllion; market share surges from 9.29 per cent to 9.58 per cent.
Reliance Jio was launched on September 5 last year.
 Reliance Jio was launched on September 5 last year.

Mumbai: Reliance Jio has defeated its arch rivals Bharti Airtel, Vodafone and Idea Cellular in terms of adding new customers in a month. The new entrant to India's telecom market added 4 million customers in April, highest for any telecom operator.

With this the company has taken its total number of customers to over 112 million since its launch on September 5 last year. Jio had over 100 million customers by Febrauary 2017 of which it had retained 72 million customers as paid users.

 

"The Mukesh Ambani-owned carrier increased its user market share to 9.58 per cent, from 9.29 per cent  in March," The Economic Times quoted data released by the Telecom Regulatory Authority of India (TRAI).

Company's user addition for April was lower than that in March which was 5.83 million customers. The advent of Jio has disrupted India's telecom market with its initial free services. Jio has retained its number four position after Bharti Airtel, Vodafone and Idea in terms of number of subscribers.

The three incumbent players who have retained their ranks in terms of subscriber base added 2.8 million, 0.75 million and 0.68 million users respectively in the same month.

The market share of telecom giants Bharti Airtel, Vodafone and Idea Cellular are 23.54 per cent, 17.86 per cent and 16.69 per cent respectively, the ET report said. TRAI in its data revealed that Jio was leader in wireless broadband services.

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