Wireless broadband subscriber base surged to 532 million in February 2019, onboarding 10.2 million users during the month, with Reliance Jio cornering nearly 56 percent of the overall wireless broadband market, ICRA said. Also Read - India bans 43 more Chinese apps over security concerns
“The wireless broadband subscriber base continues to maintain its strong growth trajectory, increasing to 532 million in February 2019, or 45 percent of the total subscriber base, witnessing the addition of 10.2 million during the month. R Jio leads the wireless broadband market, with market share of 56 percent, followed by Bharti and Vodafone-Idea at 21 percent each,” ICRA said in its latest report. Also Read - Fake Xiaomi products worth Rs 33 lakh seized in Bengaluru, Chennai
ICRA noted that 100 percent of Reliance Jio’s subscribers are broadband subscribers, while the same ratio for Vodafone-Idea stood at 27 percent and for Bharti at 32 percent. The wireless subscriber base in India increased to 1,183.7 million in February 2019, adding 1.7 million subscribers over the previous month, the report said. Also Read - TikTok-like short-video making app Chingari touches 38 million users
The active wireless subscriber base remained steady at 1,023 million. It added to the wireless broadband subscriber base maintained strong momentum, demonstrating the growth of two percent during the month of February.
“The growth in subscriber base in February was primarily driven by RJio, which added 7.8 million subscribers. State-owned BSNL or MTNL (Bharat Sanchar Nigam Ltd/Mahanagar Telephone Nigam Ltd) was the only other telco gaining subscribers in the month, adding 0.9 million users,” Harsh Jagnani, sector head and vice president – Corporate Ratings, ICRA said.
“The overall active subscriber base remained at 1,023 million in February, as an increase in RJio’s and BSNL or MTNL’s active subscriber base has been at the expense of other industry participants, who lost 10.4 million active subscribers on a combined basis,” he added.
This is published unedited from the PTI feed.