• About
  • Contact
Monday, January 25, 2021
Next Big Brand
  • .
  • News
  • Internet
  • Startup
  • OTT
  • Agency
  • Industries
  • FMCG
  • Automobile
  • Retail
  • Tech
  • Case Study
  • Interview
No Result
View All Result
Next Big Brand
Home New posts

Reliance Jio becomes largest telecom operator in India within 3 years of starting operations

Saurav Bhagat by Saurav Bhagat
July 27, 2019
in New posts
3 min read
0
jio-vodafone-airtel-idea-nextbigbrand.in

jio-vodafone-airtel-idea-nextbigbrand.in

Share on FacebookShare on Twitter
  • Reliance Jio had a subscriber base of 331.3 million by June 2019.
  • Vodafone Idea merger has recently reported a decline in its customer base to 320 million.
  • Jio posted revenues of ₹11,679 crore in the June quarter.

It has already been three years since the start of its commercial operations, Reliance Jio has become the country’s largest telecom operator with a subscriber base of more than 331.3 million, surpassing Vodafone-Idea Merger which on July 26 reported a decline in its user base to 320 million by June 2019.

Earlier this month Jio had grabbed the 2nd position beating the Airtel in terms of subscriber count. Read the reason here: Airtel loses rural subscribers after 35-a-month recharge, Jio benefits

Jio‘s deep pockets and amazing offers are the reasons:

According to the recent financial results reported by Reliance Industries last week, its telecom subsidiary Reliance Jio had a user base of a whopping 331.3 million subscribers by June 2019.

Launched just three years ago, Jio’s rapid growth has been fuelled by more than a whopping $36 billion in spending. Deep pockets have tremendously helped the company lead intense competition that has driven India’s data tariffs to the lowest in the world. Bruised by the price war, other firms have either been forced to shut down or combine with other players, such as the local unit of Vodafone Group Plc that merged with Idea Cellular Ltd.

The Subsequent fall of Vodafone-Idea:

On Friday, Vodafone Idea reported a decline in its customer base to 320 million in the first quarter of 2019-20 from 334.1 million in the March quarter.

Our subscriber base declined to 320.0 million from 334.1 million in the fourth quarter of the financial year 2019 primarily due to customer turn down following the introduction of ‘service validity vouchers’ in prior quarters,” Vodafone-Idea said in a statement.

Vodafone-Idea merger emerged as the largest telecom operator with more than 400 million subscribers when Vodafone India and Idea Cellular completed the merger of the telecom services business. 

Monthly validity plan might be the culprit:

However, the merged entity continued to lose subscribers every month and later it wrote off millions of customers, thanks to its monthly minimum recharge plan. After Vodafone Idea rolled rout monthly minimum recharge plans for subscribers to stay on its network, its shrinking subscriber base has led to an improvement in average revenue per user (Arpu) to ₹108 in the June quarter, from ₹104 in the March quarter, ₹89 in December and ₹88 in September.

Reliance Jio ranked second in May, when its market share increased to 27.8 percent, according to data released by the industry regulator TRAI. Vodafone Ideas market share was 33.4% and Bharti Airtel Ltd. had 27.6% of the wireless market. Vodafone-Idea which posted revenue of 11,269.9 crores, lags behind Jio which posted revenues of ₹11,679 crore in the June quarter. Its other rival, Bharti Airtel, will announce its results on 1 August.

Most of Asia’s largest wireless carriers are in the way of testing 5G networks, with plans to introduce them commercially in 2020.

 

https://www.nextbigbrand.in/new/india-is-home-to-worlds-2nd-largest-internet-user-base-thanks-to-jio/

Previous Post

Yes Bank invokes shares in Cox & Kings, Acquires 18.55%

Next Post

Whatsapp crosses 400 million active users in India, says NITI Aayog report

Saurav Bhagat

Saurav Bhagat

Saurav Bhagat is an experienced digital marketer and SEO Trainer from New Delhi, India. Saurav is inclined towards brands and brand story-telling from the past half a decade. His interest in startups has made him an immense member of the NBB Family from its very early days. Saurav loves Chai and writes his day to day experiences on Quora and Yuvagasm Media too. He believes in the power of storytelling for a Brand and also in general. He often says- "Stories are powerful enough to build and erase empires and generations!"

Related Posts

Jeff Bezos and Elon Musk Increased their Net Worth by $217 Billion in Pandemic Year
New posts

Jeff Bezos and Elon Musk Increased their Net Worth by $217 Billion in Pandemic Year

January 4, 2021
Bewakoof: Entrepreneurship Journey of two IITians to Leading Quirky Fashion Apparels
Case Study

Bewakoof: Entrepreneurship Journey of two IITians to Leading Quirky Fashion Apparels

December 28, 2020
How Ed-Tech Startups Took benefit of Pandemic
Case Study

How Ed-Tech Startups Took benefit of Pandemic

December 25, 2020
Postman: Journey of a Side Project to the Leading API Platform
Case Study

Postman: Journey of a Side Project to the Leading API Platform

December 24, 2020
Da Milano: Growing in Fashion Market with Affordable Price
Case Study

Da Milano: Growing in Fashion Market with Affordable Price

December 22, 2020
Vedantu: the Rise of an Online Ed-tech Start-Up
Case Study

Vedantu: the Rise of an Online Ed-tech Start-Up

December 17, 2020
Next Post
whatsapp active users fake news-ads-next-big-brand

Whatsapp crosses 400 million active users in India, says NITI Aayog report

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

RECOMMENDED NEWS

The Curious Case of Luckin Coffee and Its $570 Million IPO

The Curious Case of Luckin Coffee and Its $570 Million IPO

2 years ago
Mahindra XUV

Mahindra & Mahindra Launches Subscription Based Car Ownership Plan

1 year ago
Rusk Media Digital Commentary- Next Big Brand

Rusk Media Acquires Digital Commentary; To Start Fiction Channel Binge

5 months ago
HUL Brands Valuation- Next Big Brand

Valuation Of Hindustan Unilever Limited (HUL) Rises To Record High

9 months ago

FOLLOW US

  • 22.5k Fans

BROWSE BY TOPICS

2018 League amazon Amazon Great Indian Sale Amazon Prime Apple Apple Inc Automobile Industry Balinese Culture Bali United Budget Travel Champions League Chopper Bike Doctor Terawan facebook Facebook app future group hotstar Indian OTT Platforms Indian Smartphone Market Istana Negara Jio Market Stories Maruti Suzuki National Exam Netflix Netflix India Netflix Originals oppo OTT OYO Realme Reliance Industries Limited Reliance Jio RIL Samsung Tata Motors Tiktok TikTok India TikTok Videos Visit Bali Vivo whatsapp Xiaomi Xiaomi India YouTube
Next Big Brand

We Talk About Brands

Follow us on social media:

Recent News

  • Indian Government Extends Ban on Earlier Blocked Chinese Apps including TikTok
  • Indigo Paints: Colorful journey of a Lesser Known Paint Brand
  • LifeStyle Video App Trell Starts Social Commerce for its User Base

Instagram

Follow Me!

Latest News

Indian Government Extends Ban on Earlier Blocked Chinese Apps including TikTok

Indian Government Extends Ban on Earlier Blocked Chinese Apps including TikTok

January 24, 2021
Indigo Paints: Colorful journey of a Lesser Known Paint Brand

Indigo Paints: Colorful journey of a Lesser Known Paint Brand

January 22, 2021
  • About Us
  • Privacy Policy
  • Terms and Conditions
  • Disclaimer
  • DMCA Policy
  • Our Team
  • Contact Us
  • Sitemap

© 2019 NBB. All Rights Reserved.

No Result
View All Result
  • .
  • News
  • Internet
  • Startup
  • OTT
  • Agency
  • Industries
  • FMCG
  • Automobile
  • Retail
  • Tech
  • Case Study
  • Interview

© 2019 NBB. All Rights Reserved.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.