Steady Active Telecom Subscriber Additions Continue - TRAI Data - Key Highlights: Motilal Oswal
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Motilal Oswal Report
The Telecom Regulatory Authority of India released data for December 2020. Here are the key highlights -
The industry saw strong active subscriber growth. Reliance Jio and Bharti Airtel ltd. steadily added subscribers, even as the pace of loss continued for Vodafone Idea Ltd.
The subscriber base for the industry as a whole is now just 1.4% lower than pre-Covid-19 levels at 989.1 million in March 2020.
Gross subscribers decreased by 1.4 million month-on-month (after adding 14.5 million over July-November 2020) to 1.15 billion in Dec-20, led by a steep fall in Vodafone Idea, but partially offset by Airtel/RJio.
Active subscribers increased by 7 million in Dec-20 to 975 million.
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