Reliance Jio overtook Vodafone-Idea and became India’s leading telecommunications operator. While the monthly Subscriber Report of the Telecom Regulatory Authority of India (TRAI) This news is from the figures of quarterly financial reports submitted by Bharti Airtel, Reliance Jio and Vodafone-Idea, which are India’s three major telecom operators.
Bharti Airtel unveils its user base of 320.4 million users through TRAI, while there is almost a quarter of high customer churn rate (customers subscribing to new networks against subscriptions). Jio’s recently disclosed Q1 FY20 Financial Report shows 331.3 million customers in its network
In the financial report of Vodafone-Idea for the same quarter, it has come to light that the Operating Group lost 14.1 million Q1 FY20, from industry-topping till March 2019, 334.1 million subscribers reduced to 320,000 subscribers.
Vodafone-Idea attributed the service validity vouchers introduced recently to customers and the loss of minimum recharge plan. Its main purpose is to reveal customers and reduce their burden.
When the Vodafone-Idea merger was finalized on August 31, 2018, The client group had around 400 million customers and took the undisputed status of India’s number one telecommunications operator through market share and user base. The user base has consistently declined every month, which was directly proportional to the increase of Jio in the subscriber base in the past year.
There is no perception of recession in Jio’s Subscriber Base in TRAI’s data, and with this expected GG spectrum battle, the horizons, Vodafone-Idea and Bharti Airtel are able to overcome some of their fallen market shares through effective business strategies.