ICICI Securities: Reliance Jio Losing Mobile Broadband Subscribers’ Market Share
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
ICICI Securities Report
The Telecom Regulatory Authority of India has released its monthly data on subscribers and mobile number portability for September 2020.
Industry active subs rose by 1.0 million with Bharti Airtel Ltd. leading the net add with 3.8 million subs.
Mobile broadband subs addition stood at 9.5 million, with highest addition again for Airtel at 7 million.
Airtel’s MBB subs market share rose 75 basis points to 26.4% while Reliance Jio’s dipped 60 basis points to 51.4% on active basis.
Click on the attachment to read the full report:
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.