Reliance Jio gaining market share at expense of Vodafone-Idea

Mumbai: Reliance Jio continued to eat into the market share of entrenched players like Vodafone-Idea (VIL) and Bharati Airtel. VIL has lost its share in all circles for the second consecutive month while Airtel lost its share in 15 out of 22 circles. The sole beneficiary of this was Jio, which gained in 21 circles.

According to analysts, Jio has captured market share at the expense of VIL and smaller operators.