Motilal Oswal:  Steady Recovery Continues In Telecom Industry Subscribers
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Motilal Oswal: Steady Recovery Continues In Telecom Industry Subscribers

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.

Motilal Oswal Report

The Telecom Regulatory Authority of India released data for August 2020.

Key highlights are as follows:

Gross subscribers increased by 3.7 million month-on-month to 1.15 billion in August 2020.

Healthy adds were reported for the second straight month (versus 3.5 million in July 2020), after a 20 million loss over March-June 2020.

Reliance Jio’s gross adds slowed to just 1.9 million; Bharti Airtel Ltd. added 2.9 million, while Vodafone Idea Ltd. lost 1.2 million.

Click on the attachment to read the full report:

Motilal Oswal Telecom Sector Update.pdf


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