In April all telecom companies faced losses, except Reliance

In April all telecom companies faced losses, except Reliance

At present, the telecom companies industry holds a total subscriber base of 1.16 billion. At the same time Reliance, Jio Infocomm Ltd enjoyed some addition in the number of subscribers. The COVID-19 outbreak followed by stringent lockdowns forced everyone around the globe to ditch their traditional habits and adapt to the new ones. The most widely observed change is work from home culture and online classes for school and college-going students.

The highest amount of the subscriber loss was observed in Bharti Airtel with a loss of 1.3 million subscribers followed by Vodafone Idea with a loss of 6.4 million subscribers. The entire loss of the subscribers in the telecom industry stood at 2.9 million in March.

All these activities increased data consumption drastically. However, many telecom operators including Bharti Airtel and Vodafone Idea have lost a huge base of subscribers amid the lockdown. Jio added 1.6 million new subscribers to the service. However, this remained the lowest addition to date.

In April all telecom companies faced losses, except Reliance

The rural teledensity increased over urban teledensity as a large number of migrant workers working in the cities migrated back to their villages. Thus, increasing rural teledensity to 58.61 percent from 58.54 percent. Coming, to the overall market shares by these telecom companies, Jio holds the biggest piece of the bread about 33.85 percent followed by Bharti Airtel Ltd with 28.06 percent and Vodafone Idea have with a share of 27.37 percent.

However, a reverse pattern can be observed when it comes to rural areas. Airtel is the most used telecom network in rural areas with 95.26 percent. Vodafone Idea stands in the second position with 88.5 percent then followed by Jio with 78.75 percent.

At the same time, Uttar Pradesh (UP) was the only start where overall subscribers increase by 1.29 percent. While in all other states a drop in the subscribers was observed. As per the experts, this huge drop in subscriber base could be a worry, as this can lead to a monopoly of a single company.

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