Telecom Fundamentals Strong

The telecom sector is growing and competition is playing its role. All the top three players are almost at par. Their VLR base is almost the same. The AGR revenues are almost at similar levels for both Jio and Airtel, though Vodafone Idea is lagging behind a bit, but it is solely because if their own internal problems arising out of merger.

The table and charts show the VLR (visitor location register or active subscriber base) market share. The latest figures of December 31, 2019 show that all the top three operators are at the same level: Bharti Airtel (32.02 pc), Jio (31.02 pc), and Vodafone Idea (30.29 pc).