Airtel outpaces Jio in RMS growth for FY3Q: Trai data

Bharti Airtel has for the second time in a row grabbed more revenue market share (RMS) than Reliance Jio Infocomm in the fiscal third quarter, helped by the sharp hike in base prepaid rates it took last November in Odisha and Haryana along with share gains in rural markets, said experts, analysing latest telco financial data put out by the sector regulator.

Loss-making Vodafone Idea (Vi) continued to lose RMS share in the third quarter, FY23, unable to fight its financially-stronger rivals, Airtel and Jio, in both urban and rural markets.