wordpress blog stats
Connect with us

Hi, what are you looking for?

Reliance Jio records highest telecom revenue market share in Q1FY20


Reliance Jio pipped Bharti Airtel and Vodafone Idea and emerged as the top revenue earner from telecom services at Rs 10,900 crore in the quarter ending June 2019 according to a report (see below) by the financial and economic analysis division of the Telecom Regulatory Authority of India (TRAI). Reliance Jio’s market share at the end of the June quarter stood at 31.7% while that of Bharti Airtel and Vodafone Idea stood at 30% and 28.1% respectively.

Meanwhile, Bharti Airtel and Vodafone Idea recorded adjusted gross revenue (AGR), earned from the sale of telecom services, of Rs 10,701.5 crore and Rs 9,808.92 crore, respectively, during the same quarter, according to the telecom regulator’s report. With this, Reliance Jio – which entered the market in September 2016 – has taken over Bharti Airtel which has been operating in the Indian market since 1995 in terms of revenue in the last quarter.

Jio’s present subscriber base is 331.3 million subscribers, according to its April-June financial results announced last month when it reported a profit of Rs 891 crore, up 45.6% year on year and an operating revenue of ₹116.79 billion rupees, up 44% on year.

Rising problems for Vodafone Idea

Another takeaway from TRAI’s report is that Vodafone Idea’s market share dropped from 32.1% in the quarter ended March 2019 to 27.8% last quarter, and despite having more subscribers than Reliance Jio and Bharti Airtel, it lagged behind the two in terms of revenue. In fact, according to a report, an analysis of Vodafone Idea’s debt and repayment schedules shows that the company might fall short of funds in the next year.

[embeddoc url=”https://www.medianama.com/wp-content/uploads/GR_AGR_26082019.pdf” download=”all”]

Advertisement. Scroll to continue reading.

Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.



A viewpoint on why the regulation of cryptocurrencies and crypto exchnages under 2019's E-Commerce Rules puts it in a 'grey area'


India's IT Rules mandate a GAC to address user 'grievances' , but is re-instatement of content removed by a platform a power it should...


There is a need for reconceptualizing personal, non-personal data and the concept of privacy itself for regulators to effectively protect data


Existing consumer protection regulations are not sufficient to cover the extent of protection that a crypto-investor would require.


The Delhi High Court should quash the government's order to block Tanul Thakur's website in light of the Shreya Singhal verdict by the Supreme...

You May Also Like


Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...


135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...


Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...


By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Your email address:*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ