Home Business Airtel to take a sigh of relief; adds 2.85 million subscribers in April

Airtel to take a sigh of relief; adds 2.85 million subscribers in April

In a statement released on Monday, the Cellular Operators Association of India said that the market leader Bharti Airtel has successfully bagger additional 2.85 million subscribers in the month of April. Now the total number of subscribers is 276.5 million. In another report, the UBS Securities Asia said that the number of Reliance Jio Infocomm  Subscribers additions saw a down in April as compared to the other months.

Idea cellular added 680,000 subscribers and Vodafone India bagged 750,000 subscribers said a report of COAI. The current subscriber base of the idea is 196.05 million. The data from the association declares Bharti Airtel the market leader with 29.6% share of users. “The growth in the subscriptions indicates that consumer base is expanding and reaching new horizons in the country,” said Rajan S Mathews, Director General of COAI.
As per the data, India had a composite user base of 934.58 million subscribers in the month of April. This includes the 108.60 subscribers of Jio till march as the company provided the data till March only, said COAI. The largest telecom circle of India is UP east with 82.5 million subscribers.

Maharashtra & Bihar are in a second and third position with 78.8 million & 76.2 million subscriber base respectively. In a report based on the data provided by telecom Regulatory Authority of India, UBS Securities Asia said that JIO added 5.8 million users in March.

Jio started its operations in September last year and had a massive growth, the company discontinued its free data offer from March with some limited extensions till July 2017. However, later the telcos were able to counter the competition offered by Jio.

The Sunil Mittal’s company, Airtel added around 3.58 million broadband subscribers in March said UBS adding that Vodafone & Idea also overcame the competition.

 

“The data for April and May will be more significant given Jio has started charging since April. Overall trends suggest Airtel continues to hold a firm footing in the Indian mobile market with key operating metrics outperforming peers,” UBS said.

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