MOSL: TELECOM-RJio steadily adding active subs; growing MBB market share
Telecom: RJio steadily adding active subs; growing MBB market share; Bharti/VIL focus on subs clean up
The Telecom Regulatory Authority of India (TRAI) has released subscriber data for the month of Feb'19. Key highlights:
- The net active subscriber base stood flat MoM at 1,023m in the month. Bharti/Vodafone Idea lost 3.2m/7.2m active subscribers; RJio continued its strong momentum, gaining 9.3m active subscribers.
- RJio's strong gains can be attributed to the series of Jiophone offtake. Bharti and Vodafone Idea are potentially witnessing the impact of the rollout of minimum recharge plans on a pan-India basis.
- Broadband subscriber adds stood at a healthy 10.2m (+21.4m in Jan-19), reaching 532m (52% of active subscriber base).
- RJio accounted for the lion's share (78%) of incremental MBB adds by the top three players. Bharti gained ~18% share, while Vodafone Idea accounted for a meager 4%.
Motilal Oswal Financial Services Ltd. is a reputed name in Financial Services and Online Trading with group companies providing services such as Private Wealth Management, Retail Broking and Distribution, Institutional Broking, Asset Management, Investment Banking, Private Equity, Commodity Broking, Currency Broking, Principal Strategies & Home Finance.
Motilal Oswal Securities is a group company of Motilal Oswal Financial Service Limited which started as a stock trading company and has blossomed into well diversified firm offering a range of financial products and services. Motilal Oswal has built a reputation as the source for best stock trading company and this has taken a wealth of experience, knowledge and expertise, constantly working in tandem, over the years.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.