Motilal Oswal: Telecom Sector Trend - Subscriber Churn Taking Place
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Motilal Oswal: Telecom Sector Trend - Subscriber Churn Taking Place

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 September 2020.

The key highlights are below:

Gross subscribers increased by a mere 0.7 million month-on-month (versus 3.5 million/3.7 million in July 2020/August 2020) to 1.15 billion in September 2020.

There is a churn taking place, with Vodafone Idea Ltd. losing 4.7 million subscribers to Bharti Airtel Ltd./Reliance Jio, which added 3.8 million/1.5 million.

Active subscriber additions slowed down to 1 million (versus 1.6 million additions in August 2020), as Airtel/Reliance Jio added 3.8 million/0.7 million against a 3.4 million churn in Vodafone Idea’s active subscribers.

Click on the attachment to read the full report:

Motilal Oswal Telecom Sector Update.pdf


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