Reliance Jio only telco to gain RMS in Q1: Trai data

Reliance Jio is the only telco to gain revenue market share (RMS) in the April-June quarter, helped by strong consumer uptake of its new cheaper JioPhone offers and strong sequential growth in revenue from national long distance (NLD) services.

By contrast, Bharti Airtel NSE 1.55 % and Vodafone Idea NSE 1.69 % (Vi) suffered sequential RMS contractions, stung by reduced revenues from NLD services and heavy customer losses in the latter’s case. RMS is a measure of overall telecom market leadership.