Reliance Jio pips Bharti Airtel to become India’s 2nd largest mobile operator
According to regulator TRAI’s data, Reliance Jio has piped
Bharti Airtel to become the second-largest mobile operator with 32.29 crore
subscribers and 27.80 per cent market share in May 2019.
Reliance Jio is the newest entrant in the telecom sector.
The move assumes significance as Reliance Jio stormed into
the highly-competitive telecom sector in September 2016 with its disruptive
voice and data offerings, while Bharti Airtel had launched its services way
back in 1995.
As per the latest data released by Telecom Regulatory
Authority of India (TRAI), Vodafone Idea – born last year from the merger of
older operators Vodafone India and Idea Cellular – continues to be the largest
operator with 38.75 crore consumers and 33.36% market share in the wireless
segment as on May 31, 2019.
Sunil Mittal-promoted Bharti Airtel has slipped to the third
spot with 32.03 crore mobile subscribers and 27.58 % subscriber market share
during the month.
Reliance Jio added 81.80 lakh new subscribers (on a net
basis) in May and ended the month with 27.80 % market share and 32.29 crore
Cash-strapped telecom PSU Bharat Sanchar Nigam Ltd (BSNL),
that is awaiting a relief package from the government and has undertaken severe
cost-cutting measures – added 2,125 wireless subscribers during May.
Vodafone Idea, in April too was the largest operator in
India, by a wide margin, with 39.32 crore subscribers and 33.83 % of the
overall wireless market.