Reliance Jio added 60 million users so far this year while Vodafone Idea lost 40 million
- According to data released by the Telecom Regulatory Authority of India,
Reliance Jioadded 8.5 million users in August. Vodafone Idealost 5 million subscribers in August.
- Sunil Mittal led Airtel seems to have gained some momentum even though it lost 0.6 million users.
Meanwhile, Vodafone Idea lost 5 million subscribers whereas Sunil Mittal-led Airtel lost 0.6 million users. The debt-laden BSNL too lost 0.2 million subscribers.
At his AGM in August, Ambani said that his target is to expand Jio’s user base to 500 million. It is adding roughly 8 million users every month.
This seems to put him in a comfortable position to hit the target.
Since January, Jio added 58.8 million users. Vodafone Idea lost 40.15 million subscribers, whereas Airtel lost 12.4 million users.
Reliance Jio is paying the price for being the ‘second SIM’ of choice