Telecom industry sees expansion after 10 weak months! Benefit of Jio’s IUC plan for Bharti and VIL to reflect now

The Telecom Regulatory Authority of India has released subscriber data for Oct’19. Key insights highlighted below:

* After 10 months of weakness, the telecom industry expanded in Oct’19, with gross subscriber addition of 9.7 m m-o-m to reach 1,183 m; active subscriber addition swelled 20.3 m to 981 m.