Reliance Jio emerges as India’s biggest telecom player; Voda Idea user base dips to 320 million

NEW DELHI: Within three years of starting its commercial operations, Reliance Jio has become the country’s largest telecom operator with a subscriber base of 331.3 million, surpassing Vodafone Idea which on Friday reported a decline in its user base to 320 million by June 2019.
According to the financial results reported by Reliance Industries last week, its subsidiary Reliance Jio had a user base of 331.3 million by June 2019.
Vodafone Idea on Friday reported a decline in its customer base to 320 million in the first quarter of 2019-20 from 334.1 million in the March quarter.
“Our subscriber base declined to 320.0 million from 334.1 million in fourth quarter of financial year 2019 primarily due to customer churn following the introduction of ‘service validity vouchers’ in the prior quarters,” Vodafone Idea said in a statement.

Read more

You may also like

More in Newspapers

Comments are closed.