Airtel gains the edge in broadband

Bharti Airtel has added more broadband users in January than Reliance Jio — a first for the company since the entry of the telecom arm of Reliance Industries, whose cheap tariffs have completely disrupted the telecom market.

Data released by the Telecom Regulatory Authority of India (Trai) for January showed that Airtel added nearly 10 million broadband users at 110.25 in January against 100.26 in December.

The number of broadband subscribers of Jio stood at 289.44 million against 280.12 million, a net addition of 9.3 million.

The figures should bring some cheer to Bharti Airtel, whose net profit crashed 72 per cent for the third quarter ended December 31, 2018. Revenues from broadband are higher compared with voice, which is largely free after the entry of Jio.

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